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Politics : The TRUTH About John Kerry
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To: American Spirit who wrote (421)2/29/2004 12:12:15 PM
From: Hope Praytochange  Read Replies (1) of 1483
 
Kerry's Spending, Tax Plans Fall Short
Review of Proposals Shows Expenditures Exceeding Savings by $165 Billion
By Jim VandeHei and Brian Faler
Washington Post Staff Writers
Sunday, February 29, 2004; Page A05

Democratic presidential candidate John F. Kerry repeatedly assures voters he can pay for his top domestic priorities and cut the federal deficit, all by rolling back President Bush's tax cuts for top income earners and shutting down corporate tax loopholes.

But a review of his campaign proposals shows that the Democratic front-runner is promising to spend at least $165 billion more on new programs during his first term in office than he could save with his tax plan, a mix of breaks for the middle class and increases for corporations and the most affluent. The $165 billion figure does not include the cost of several proposals Kerry has not fully detailed or backed with estimates.
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