Current Events — HabitableZone

Current Events

Democratic candidates and deficits.

EVERY Democrat Presidential Candidate's Platform Would Raise, Not Lower, Federal Budget Deficits.

Italics mine:

- If the policy agenda of any one of the eight candidates were enacted in full, annual federal spending would rise by at least $169.6 billion (Lieberman) and as much as $1.33 trillion (Sharpton). This would translate to a yearly budget hike of between 7.6% and 59.5%.

- All candidates offer platforms that call for more spending than would be offset by repealing the Bush tax cuts (using even generous estimates of the tax cuts' impact).

- The eight candidates have proposed over 200 ideas to increase federal spending, and only two that would cut federal spending. Those two proposals have been offered by Dennis Kucinich (thus, the seven other candidates haven't made a single proposal to cut any spending).

- Although they may attempt to stress their policy differences, Howard Dean and Wesley Clark would both increase annual federal outlays by roughly the same amount ($222.9 billion vs. $220.7 billion, respectively).

- Among those candidates considered to be "competitive," Dick Gephardt posts the largest annual spending increase ($368.8 billion), far ahead of John Kerry ($265.11 billion).


The full paper can be read by clicking the link at the bottom of the press release.

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