Wednesday, October 8, 2008

Obama leaves a bigger deficit

By 2013 Barack Obama would outspend John McCain by at least $27 billion and as much as $119 billion, according to a new analysis of their tax and spending proposals.

McCain would cut taxes more than Obama, but would make deeper spending cuts, too, leaving him less in the red, according to the Committee for a Responsible Federal Budget, headed by a former top Clinton administration official.

[make no mistake, Obama's increasing poll numbers contribute the Wall Street's apprehensions: they know the detrimental effect his policies will have on the economy]

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