On Wednesday’s edition of Your World with Neal Cavuto, Sen. Joe Lieberman (I-CT) defended John McCain’s fiscal intentions:
LIEBERMAN:…I think he favors a strong dollar and he favors a balanced budget, but he wants to see all the Bush tax cuts extended.
But even if McCain “favors” a balanced budget (just like President Bush does), he clearly favors tax cuts for corporations and wealthy CEOs even more.
Far from balancing the budget, McCain’s plan would create the largest deficits in 25 years and the largest debt since World War Two.
As McCain’s own Chief Economic Advisor Douglas Holtz-Eakin said on deficits: “You have to pay for that somehow or you’re George Bush III.”