Boris
11-04-2008, 10:18 PM
http://www.cbsnews.com/stories/2008/10/29/eveningnews/realitycheck/main4557520.shtml
That link will take you to a CBS Reality Check story about the cost of Obama's Campaign Pledges. And since Katie Couric works there, you know its fair and balanced. First paragraph:
Without question, the Barack Obama infomercial served as a very slick and powerful recitation of the biggest promises he's made as a presidential candidate. But the very bigness of his ideas is the problem: he seems blind to the concept his numbers don't add up.
Last paragraph:
If he closes every loophole as promised, saves every dime from Iraq, raises taxes on the rich and trims the federal budget as he's promised to do "line by line," he still doesn't pay for his list. If he's elected, the first fact hitting his desk will be the figure projecting how much less of a budget he has to work with - thanks to the recession. He gave us a very compelling vision with his ad buy tonight. What he did not give us was any hint of the cold reality he's facing or a sense of how he might prioritize his promises if voters trust him with the White House.
In between, a crap load of spending promises depending on who he is talking to. As the story states, it ain't gonna happen. Something has to go, maybe even several somethings. My bet, Obama does a Clinton and just can't find a way to give that tax cut to all 95% of the middle class. Only the ones that need it the most. Those 40% that actually pay no income tax, but still pay payroll taxes. (As if those payroll taxes are not really for Medicare and Soc Security.)
Your guess?
That link will take you to a CBS Reality Check story about the cost of Obama's Campaign Pledges. And since Katie Couric works there, you know its fair and balanced. First paragraph:
Without question, the Barack Obama infomercial served as a very slick and powerful recitation of the biggest promises he's made as a presidential candidate. But the very bigness of his ideas is the problem: he seems blind to the concept his numbers don't add up.
Last paragraph:
If he closes every loophole as promised, saves every dime from Iraq, raises taxes on the rich and trims the federal budget as he's promised to do "line by line," he still doesn't pay for his list. If he's elected, the first fact hitting his desk will be the figure projecting how much less of a budget he has to work with - thanks to the recession. He gave us a very compelling vision with his ad buy tonight. What he did not give us was any hint of the cold reality he's facing or a sense of how he might prioritize his promises if voters trust him with the White House.
In between, a crap load of spending promises depending on who he is talking to. As the story states, it ain't gonna happen. Something has to go, maybe even several somethings. My bet, Obama does a Clinton and just can't find a way to give that tax cut to all 95% of the middle class. Only the ones that need it the most. Those 40% that actually pay no income tax, but still pay payroll taxes. (As if those payroll taxes are not really for Medicare and Soc Security.)
Your guess?