Friday, July 11, 2008

McCain's budget figures don't add up



...But the Democratic candidate has offered a clearer - and politically braver - idea of how he'd pay for his tax cuts and spending increases and shore up other programs. For example, he'd roll back the Bush tax cuts for those earning more than $250,000 a year and increase rates on capital gains and dividends. He'd also extend Social Security taxes to incomes above $250,000 and reduce subsidies for some Medicare plans....

Obama has also addressed an economic up turn for the USA economy by introducing government support to change the transportation infrastructure and working with auto manufacturers to help with 'that leap of faith' to remove Americans from fossil fuel dependency.

In doing so, he also removes the USA from being the largest polluter of greenhouse gases while returning sanity to the average American budget.

Globe 2008: Beth Lowery Interview (Please click here for video)
GMnext Contributor Matt Kelly talks with Beth Lowery, GM Vice President, Environment, Energy, and Safety Policy during the Globe 2008 event in Vancouver.