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Fact Check: 'Pay for Every Dime'? Not Quite
September 26, 2008 11:30 PM
Sen. Barack Obama, D-Ill., said during Friday's presidential debate that he would "pay for every dime" of his spending. But according to the nonpartisan Tax Policy Center, "without substantial cuts in government spending" Obama's plan -- and McCain's, too -- "would substantially increase the national debt over the next ten years."
The Tax Policy Center has estimated that Obama's proposed tax policies would increase the debt by $3.5 trillion over ten years.
And what about John McCain?
The Arizona senator's tax policies would lead to an even bigger increase in the debt: $5.1 trillion over ten years.
While the Tax Policy Center has estimated the effect that the candidates' tax proposals would have on the nation's debt, it has not been able to do the same on the spending side because neither candidate has been sufficiently specific.
The Tax Policy Center is a joint venture of the Brookings Institution and the Urban Institute.
September 26, 2008 in McCain, John, Obama, Barack, Vote 2008: Democrats, Vote 2008: Republicans | Permalink | User Comments (21)
How could he NOT KNOW that Bush would increase the deficit by 25% the predicted! lol!!!
oy!
yes yes yes, let's listen to the Republicans again... we can all move to Alaska if it fails. Sarah loves company.
Posted by: GIGI | Sep 26, 2008 11:38:23 PM
CNN poll (not website poll) show 51% of viewer felt Obama won the debate. 38% for McCain.
Posted by: Vanessa | Sep 26, 2008 11:50:05 PM
Well, Bush lost the first debates to both Al Gore and John Kerry. May be it is a good thing to lose the first debate.
Congratulations to Mr. Obama because he is about to lose the White House.
Posted by: Roger Miller | Sep 27, 2008 12:13:57 AM
Mr. Fiscal Responsibility would be far worse than Obama on spending and our nation's debt.
Classic. "Black is white, folks. I'm John McCain, and I approved this message."
Just classic.
Posted by: Justin | Sep 27, 2008 12:25:03 AM
I am an immigrant to the US, and I am SOOO happy to be here, in the land of the free! God Bless America!
I have lived in the UK and Canada before moving to the US. I "get" high taxes, and an idealized nanny welfare state.
Like I said....I am soooo happy to be here in the US! God Bless America!
I trust Sen McCain to veto and cut spending if revenues don't justify spending. The economy has grown under Pres Bush, and tax cuts do lead to more revenue. Obama has it backwards. More regressive tax policies lead to a flight of capital and an underground economy.
I want to live in the real world, not in the world of unicorns and rainbows.
Obama is a liar. He'll tell you whatever you want to hear, and then if he gets in, he'll hold the taxpayers hostage.
Look at his "success" rate with the Annenberg challenge in Chicago. With all the money that was handed to that group, they have world class schools in Chicago now, right? Right?
Posted by: Laurel | Sep 27, 2008 12:29:10 AM
SOMEONE SAID CNNPOLL FOUND OBAMA WON THE DEBATE.. ALL THE LIBERALS GO TO CNN. THAT IS THEIR ABODE.. THEY LIVE THERE NIGHT AND DAY SPEWING LIBERAL GARBAGE.. NO POLLS THAT COME OUT TONIGHT SHOULD MAKE ANY DIFFERENCE.
THEY ARE ALL COMING FORM CNN, MSNBC, WASHINTON POSTS , EVEN ABC.. THESE ARE ALL OBAMA STATIONS..
CNN WORKS FOR OBAMA.. WATCH GALLUP POLL..THAT IS WHO WOULD GIVE US AN IDEA, MAYBE RASMUSSEN, BUT THEN THE MEDIA WOULD HAVE CORRUPTED EVERYBODY WITH THEIR SPIN..
MCCAIN BEAT OBAMA SOUNDLY. NOT EVEN CLOSE.
OBAMA OVERCRAMMED AND THAT IS WHY HE GOT SO MANY LIES AND MISREPRESENTATIONS..
HE WAS ALSO PUGNACIOUS... NO NEED TO BE PUGNACIOUS.
MCCAIN WAS POISED AND JUST GIVING OUT SO MUCH INFORMATION FOR A MAN HIS AGE,
HE KNOWS SO MUCH!!!
BEEN TO EVERYWHERE
WALKED THE WALK, NOT GIVE SPEECHES.
OBAMA HAS LEARNED BETTER THAN HE KNEW WHEN HE WAS AGAINST HILLARY BUT HE CANNOT COMPARE TO MCCAIN
HOWEVER THE SPIN-MEISTER WILL GO TO WORK AND
spin
spin
SPIN FOR OBAMA..
Posted by: TJ, THE CLINTONITE | Sep 27, 2008 12:45:59 AM
He is counting on the money that would be spent in Iraq hopefully the war will be over and this staying until we win, win what?? And why can't Iraq pay for this instead of banking their oil money or is it already in the Bush coffers.
Posted by: Rose Szymanski | Sep 27, 2008 12:46:30 AM
BRAVO MCCAIN--YOU WON!!!!!!!!!!
we already know how the media will spin this
masterful, articulate and well-versed for a man his age..
great president he would be
i am all for mccain/palin --our war hero. and the maverick from alaska
Posted by: TJ, THE CLINTONITE | Sep 27, 2008 12:49:08 AM
I SENT THIS LETTER TO MY REPRESENTATIVES IN CONGRESS:
We demand that Congress stops adding earmarks and pork within the contents of the "Bail Out Bill". In addition we do not want a payout to ACORN --- or any organization like ACORN.
We feel this is an egregious abuse of House and the Senate positions in Congress. Enough is enough.
We will no longer continue to vote or support any Representative or Senator who votes for bills with earmarks and pork or allots money to ACORN.
I BELIEVE THE PEOPLE WHO WALKED AWAY WITH TONS OF MONEY SHOULD BE RESPONSIBLE FOR THE BAIL OUT.
If the government agrees to pay off mortgages for people who bought homes they could not afford --- then the government needs to pay off ALL mortgages for ALL legal American citizens.
I don't want my tax payments used to pay off somebody else's home!
I PERSONALLY AM AGAINST A WALL STREET BAILOUT BUT AT LEAST FORKING OVER A THIRD OF THE MONEY --- WITH THE REST CONTINGENT ON EFFECTIVENESS --- MAKES SENSE.
I AM TOTALLY AGAINST GIVING 10% TO ORGANIZATIONS LIKE “ACORN”. PEOPLE SHOULD NOT BUY HOMES THEY CAN’T AFFORD. DO NOT BAIL THEM OUT.
NORTH CAROLINA TAXPAYER
Posted by: HONORABLE JOHN McCAIN IN 2008 | Sep 27, 2008 12:51:38 AM
The greatest economic commitment made tonight was by John McCain. He is going to cut government spending as a result of the subprime crisis. Barak Obama would have been better running in the next election four years from now. He is too inexperience. He appeared young and babbled a lot, agreeing with Mr. McCain 9 times. It would have been better if the Dem's had run Hillary Clinton this time. Obama only discussed his talking points that we have heard so often. Nothing original.
Posted by: Wayne | Sep 27, 2008 2:09:27 AM
-- He is going to cut government spending as a result of the subprime crisis --
Both have said this since the beginning of the campaign in order to pay for their proposed plans. However, McCain will have to cut significantly more since his plan will cost more.
Posted by: CountryFirst | Sep 27, 2008 2:31:07 AM
" i am all for mccain/palin --our war hero. and the maverick from alaska"
I think she will be the reason why McCain will never make it into the White House.
Posted by: BillyBob | Sep 27, 2008 2:33:05 AM
New Poll Numbers
who won the debate
Mc Cain 82 %
Obama 16%
Posted by: infoseeking | Sep 27, 2008 5:04:23 AM
The Obama Missouri Political Truth Squad supported by the police and government officials is an unconstitutional action. It reminds people of Hitler and the Nazis of World War II. The truth squad is prejudging persons by saying that only Senator Obama tells the truth, doesn‘t sway from his position and definitely never changes his mind. That in itself is a lie. We all know that Senator Obama distorts the truth and that Senator Obama lies.
All person have a constitutional right to talk and print criticisms about anything, including Senator Obama. We all have a right to our opinions whether the Missouri Ethics Commission likes it or not. It is Senator Obama’s responsibility to prove that people are telling lies about his character and affiliations. People know the truth about Senator Obama and it seems that the truth squad would not know the truth if it fell on them.
The Missouri Ethics Commission is not above the BILL OF RIGHTS of the AMERICAN CONSTITUTION. Bill of Rights Amendment I:
Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the government for a redress of grievances.
The above includes The Missouri Ethics Commission. The Missouri Ethics Commission does not observe THE BILL OF RIGHTS and The Missouri Ethics Commission is guilty of unconstitutional acts.
The Attorney General should start immediate action to stop the unconstitutional acts in Missouri. Any one citizen or group of citizens can file suit against The Missouri Ethics Commission and any official usurping The Bill Of Rights.
Missouri returns to slavery and Obama leads the way.
Posted by: Judge | Sep 27, 2008 5:57:36 AM
Obama'srhetoric does NOT match his history. Finally, McCain calls him out on his failed projects in Illinois on the tax payer's dime. Remember Rezko? THe developer who left alot of people homeless or living in squalor after wasting millions of money steered his way by Obama for developments. He sits in jail and hopefully the rest of the Chicago syndicate is on their way there.
Posted by: glennmcgahee | Sep 27, 2008 7:57:33 AM
Hi,
I wanted to draw your attention to this important petition that I recently signed:
"Impeach Senator Barack Obama"
http://www.ipetitions.com/petition/obamaimpeachment?e ..................
I really think this is an important cause, and I'd like to encourage you to add your signature, too. It's free and takes less than a minute of your time.
Thanks! ...................................
Posted by: WillNotBeFooledByObamaNATION | Sep 27, 2008 2:02:44 PM
I trust neither one or the other but I trust Obama even less than McCain so he is the lesser of two evils and that is fact.
What scares tme the most is Obama wife and that is a fact.
Posted by: Carol | Sep 27, 2008 4:00:23 PM
OBAMA and MCCAIN DEBATE IN FRONT OF AN INDEPENDANT AMERICA
WHAT DO THEY NOT AGREE UPON AND WHY
IN FRONT OF UNITED AMERICA
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
WALL STREET IS GETTING MONEY BEFORE MIDDLE CLASS
MIDDLE CLASS FIRST SHOW ALL SENATORS OUR MIDDLE FINGER
VOTE INDEPENDANT
Call 1-877-648-3639
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
WATCH THE DEBATE AGAIN
CALL YOUR SENATE HOUSE NOW SAY NO TO WALLSTREET
OBAMA and MCCAIN DEBATE IN FRONT OF AN INDEPENDANT AMERICA
WHAT DO THEY NOT AGREE UPON AND WHY
IN FRONT OF UNITED AMERICA
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
WALL STREET IS GETTING MONEY BEFORE MIDDLE CLASS
MIDDLE CLASS FIRST SHOW ALL SENATORS OUR MIDDLE FINGER
VOTE INDEPENDANT
Call 1-877-648-3639
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
WATCH THE DEBATE AGAIN
CALL YOUR SENATE HOUSE NOW
SAY NO TO WALLSTREET BEFORE MIDDLE CLASS
Posted by: historyremembered | Sep 27, 2008 8:21:36 PM
OBAMA and MCCAIN DEBATE IN FRONT OF AN INDEPENDANT AMERICA
WHAT DO THEY NOT AGREE UPON AND WHY
IN FRONT OF UNITED AMERICA
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
WALL STREET IS GETTING MONEY BEFORE MIDDLE CLASS
MIDDLE CLASS FIRST SHOW ALL SENATORS OUR MIDDLE FINGER
VOTE INDEPENDANT
Call 1-877-648-3639
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
WATCH THE DEBATE AGAIN
CALL YOUR SENATE HOUSE NOW SAY NO TO WALLSTREET
OBAMA and MCCAIN DEBATE IN FRONT OF AN INDEPENDANT AMERICA
WHAT DO THEY NOT AGREE UPON AND WHY
IN FRONT OF UNITED AMERICA
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
WALL STREET IS GETTING MONEY BEFORE MIDDLE CLASS
MIDDLE CLASS FIRST SHOW ALL SENATORS OUR MIDDLE FINGER
VOTE INDEPENDANT
Call 1-877-648-3639
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
Check out CNN
WATCH THE DEBATE AGAIN
CALL YOUR SENATE HOUSE NOW
SAY NO TO WALLSTREET BEFORE MIDDLE CLASS
Posted by: historyremembered | Sep 27, 2008 8:21:51 PM
Mcbush mcbush is living in cloud , his mind is on its way out you people just can't see or hear would be a better word because talk about flipping a coin its his mind that is flipping.
Posted by: Rose Szymanski | Sep 27, 2008 10:59:12 PM
Sooo the only difference between them is about 1.5 trillion dollars added to the national debt?
Or in other words, neither man's plan would reduce the national debt.
Get ready for higher taxes everybody.
Posted by: Fed Up With Them All | Sep 28, 2008 9:21:48 PM
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