NYT Plays Fact-Checker
| Tue Jul. 8, 2008 11:03 AM PDT
And does it well. Robert Pear's article absolutely shreds John McCain's plan to balance the budget with tax cuts and pixie dust.
Continues Below
Continued From Above
Comments
...and in the interest of fair and balanced reporting...
The L.A. Times is reporting:
WASHINGTON -- In more than a year of campaigning, Barack Obama has made a long list of promises for new federal programs costing tens of billions of dollars, many of them aimed at protecting people from the pain of a souring economy.
But if he wins the presidency, Obama will be hard-pressed to keep his blueprint intact. A variety of budget analysts are skeptical that the Democrat's agenda could survive in the face of large federal budget deficits and the difficulty of making good on his plan to raise new revenue by closing tax loopholes, ending the Iraq war and cutting spending that is deemed low-priority.
...
"I don't think it all adds up," Isabel Sawhill, an official in President Clinton's Office of Management and Budget, said of Obama's spending plans.
"There will definitely need to be a recalibration of these proposals once someone is in office," said Sawhill, now a senior fellow at the Brookings Institution. "The fiscal situation just isn't going to permit doing what Sen. Obama or anyone else would like."
www.latimes.com/news/politics/la-na-obamaplans8-2008jul08,0,5470706.story
