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Politics : Politics for Pros- moderated
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From: LindyBill6/23/2008 5:42:38 PM
   of 793868
 
Will the real budget hawk please stand up?

By Greg Mankiw

An article in the Washington Post looks at the fiscal policy of the two presidential candidates. A notable excerpt:

Despite his promises of tax cuts, fiscal analysts note that McCain has a reputation as a budget-cutter.... "I suspect that McCain will be more constrained and will have a veto power over the Democratic Congress," said Alice M. Rivlin, who served as the first director of the Congressional Budget Office, as well as one of Clinton's budget directors. "If it's Obama, the Democratic Congress is going to be pushing for spending and it's awfully hard to rein in your own folks. No Democrat is going to want to go to war with Congress."
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