Monday, September 29, 2008

McCain's Bizarre Earmark Obsession

This is how John McCain is going to balance the budget. His obsession with earmark spending highlights his Senate life and a one dimensional approach to a very complex situation. Cool that you think earmarks are corrupting Washington, but it's a small piece of the pie.



Via Foreign Policy:
"What's more, McCain seems not to understand that earmarks are just a tiny piece of the fiscal picture. As Barack Obama pointed out during the debate, earmarks represent just $18 billion out of a much larger pie. Compare that to the projected 2009 deficit (not counting the bailout) of roughly $500 billion. Or compare it to the total federal budget of about $3 trillion."
Read on

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