Dog Bites Man
The National Taxpayer's Union has released a study of the the Democratic candidates' fiscal policy statements which reveals that all of the candidates would significantly increase deficits, even counting the offset produced by repealing President Bush's tax cuts.
The NTUF study systematically examined the fiscal policy implications of the eight contenders' agendas, using campaign and third-party sources (like the Congressional Budget Office) to assign a cost to each budget proposal offered by the candidates. For actual legislation that the candidates have endorsed, the study also relies on NTUF's BillTally project, a computerized accounting system that has, since 1991, tabulated the cost or savings of every piece of legislation introduced in Congress with a net annual impact of $1 million or more. Highlights of the study include:
- If the policy agenda of any one of the eight candidates were enacted in full, annual federal spending would rise by at least $169.6 billion (Lieberman) and as much as $1.33 trillion (Sharpton). This would translate to a yearly budget hike of between 7.6% and 59.5%.
- All candidates offer platforms that call for more spending than would be offset by repealing the Bush tax cuts (using even generous estimates of the tax cuts' impact).
- The eight candidates have proposed over 200 ideas to increase federal spending, and only two that would cut federal spending. Those two proposals have been offered by Dennis Kucinich (thus, the seven other candidates haven't made a single proposal to cut any spending).
...George W. Bush, who campaigned as a fiscal conservative in 2000, has presided over a jump in federal spending of 23.7% since taking office. Yet, Johnson still found that even the most parsimonious of the Democrat Presidential candidates would have outpaced the spending run-up under Bush by 15%.
I've always found it amusing when Democrats criticize Bush for spending profligacy - not because they're wrong, but because of the deep pot-kettle-blackism of the exercize.
§ 2 Comments
[ You're too late, comments are closed ]


Buckethead, there's one hole
Buckethead, there's one hole in this plot... that is, campaign promises are as sincere as a two-dollar hooker who insists she's clean.
What these guys have done is taken Bush's abominable spending record-- which happened in actual fact-- and compared it to every speech the Dem candidates gave to every interest group under the sun-- not a dollar of which has actually been committed.
Bush campaigned as a fiscal conservative. Lincoln campaigned in the south as a preserver of slavery. James Polk campaigned as a war hero. Kucinich is campaigning as a member of the human race. Campaigns are bs, posturing and pandering pure and simple.
The exercise might still be pot-kettle-blackism, but this is pretty weak grounds on which to attack from the right.
Well, the pot-kettle-blackism
Well, the pot-kettle-blackism was all I was pointing out. Certainly I don't agree with Bush's spending habits.