"Holtz-Eakin on McCain’s Draconian Budget Cuts: ‘The Horrified Folks Better Get Ready’"
At an event at the Tax Policy Center last Wednesday, McCain adviser Douglas Holtz-Eakin defended the draconian cuts to spending required to balance McCain’s budget and pay for his tax cuts for corporations and the wealthy by saying:
The reception among the Washington establishment has been one part disbelief — because, oh my god, no one actually does that in Washington (that’s not true they’ve just forgotten) — and one part horror that he might succeed. Well, the horrified folks better get ready.
The “Washington establishment” aren’t the only folks who are horrified by what would need to be a 40% cut in non-defense domestic spending. Here are some others:
–340,000 kids who’d lose Head Start funding
–2.1 million grade-school students who’d be effectively cut from Title 1 school funding
–1.6 million aspiring college students who’d lose access to Pell Grants
–3.4 million families who would lose WIC assistance for low-income women, infants, and children
Better get ready.