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Deficit Impact

Both John McCain and Barack Obama have proposed tax plans that would substantially increase the national debt over the next 10 years, according to analysis by the nonpartisan Tax Policy Center.

[Compared with current law, the Obama plan would cut taxes by $2.8 trillion from 2009-2018. McCain would reduce taxes by nearly $4.2 trillion.]

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Obama Tax Plan Would Balloon Deficit, Analysis Finds
Article | On the campaign trail, Sen. Barack Obama bashes President Bush for "reckless" economic policies that are "mortgaging our children's future on a mountain of debt." But the Democratic presidential candidate has adopted a key component of Bush's fiscal policy: A novel bookkeeping method that guarantees...

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