"I am here to cut hundreds of billions of dollars out of wasteful and unnecessary spending in America, whether they be ethanol subsidies, whether they be sugar price supports, whether they be payments to the wealthiest farmers, whether they be the loopholes that are out there worth I don't know how many billions and billions of dollars," McCain said. Reuters
I wonder how those wealthy farmers and those cane growers feel about losing their subsidies and all of that extra cash.
I say forget about all of that chump change spending and cut the spending where it would do the most good for the U.S. economy and our growing deficit. Cut back on the war in Iraq, John-boy. Just imagine the hundreds of billions that you could save if we didn't have to occupy a foreign country for no reason other than oil.
McCain also charged that Democratic White House foes Barack Obama and Hillary Clinton "are out of touch when they want to raise taxes (on the rich) at the worst possible time, when we're in a recession."
Let me see if my memory is on the right track here, okay? I thought that Bush's tax cuts to the wealthy was supposed to stimulate our economy and create more jobs for us. Those cuts that both Bush and McPain want to make permanent have thus far cost the United States somewhere around 180,000 jobs and in case these two morons haven't noticed it yet, our economy is turning to shit real fast. Maybe someone should tell McCain that we have a recession because of Bush/McCain's economic policy. Only two idiots like Bush/McSame would want to cut taxes even further while we have two wars going on. They must be using some new math when they put their policies into play.
Challenged how he expects to find enough savings, McCain said: "You scrub every agency of government. Is there any American that doesn't believe that there's tens if not hundreds of billions of dollars that can be saved?"
The federal budget deficit is projected to be upward of $400 billion this year largely because of the economic slowdown amid the rising costs for the wars in Iraq and Afghanistan.
Hey John McCain, I'm one of those American workers who thinks that hundreds of billions can be saved just by getting out of Iraq and by dropping wasteful contracts with companies such as KBR and Blackwater, to name a few.
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