Saturday, May 17, 2008

Some News..

Here's something fun:
Sen. John McCain promises that, as president, he would “cut taxes and balance the budget.” But his current economic plan would create deficits as deep as 5.7% of GDP by the end of a two term presidency — the highest federal budget deficit in 25 years — and would accumulate the biggest debt since the second World War, according to a new analysis by the Center for American Progress Action Fund. McCain’s current fiscal plan would recklessly exacerbate the fiscal irresponsibility of the Bush Administration further by gutting revenues far below the average level of the past 25 years.
Oh, and how about this?
The Bush administration improperly issued a policy directive last year that restricts states' abilities to expand their SCHIP programs, the Government Accountability Office and the Congressional Research Service said on Thursday during a House Energy and Commerce Health Subcommittee hearing, CQ Today reports. The Aug. 17, 2007, policy directive requires states to enroll 95% of children in families with incomes up to 200% of the federal poverty level before expanding coverage to children in families with incomes greater than 250% of the poverty level.

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