The Barack Obama web site lists an increasing debt as part of America’s current fiscal problems that he wants to Change:
“The cost of our debt is one of the fastest growing expenses in the federal budget. This rising debt is a hidden domestic enemy, robbing our cities and states of critical investments in infrastructure like bridges, ports, and levees; robbing our families and our children of critical investments in education and health care reform; robbing our seniors of the retirement and health security they have counted on. . . . If Washington were serious about honest tax relief in this country, we’d see an effort to reduce our national debt by returning to responsible fiscal policies.”
That is until today.
Countering John McCain’s plan to balance the budget by 2013, Obama basically said that a balanced budget isn’t a high priority.
Obama said, “I do not make a promise that we can reduce it by 2013 because I think it is important for us to make some critical investments right now in America’s families.”
Ironically, the comment comes on the same day that the Los Angeles Times reports Obama “will be hard-pressed” to keep all of his fiscal promises.
Change.
Filed under: Barack Obama, Election 2008, Finance, Government, John McCain, News, Politics, Wordpress Political Blogs
