Forbes: McCain Will Cut Defense Spending To Cover Corporate Tax Cuts

Forbes:

The problem with campaigns is they can only voice oversimplified soundbites. Today's challenges are serious and require long-term solutions. Both candidates need to tap thoughtful private-sector sources like CEOs. What's required is new thinking and brave policies....

McCain's top economic adviser, Doug Holtz-Eakin, blithely supposes that cuts in defense spending could make up for reducing the corporate tax rate from 35% to 25% and the subsequent shrinkage in federal revenues. Get that? The national security candidate wants to cut spending on our national security. Wait until the generals and the admirals hear that.

Read the whole story: Forbes