WHO: Director of Economic Policy Dr. Jason Furman and Rep. John Spratt (D-SC)
WHAT: Press conference call to discuss John McCain's budget proposals.
WHEN: Tuesday, July 8 at 10:45 a.m. EDT
SUMMARY
Director of Economic Policy Jason Furman and Rep. John Spratt (D-SC) spoke about John McCain's budget proposals in a campaign press conference call today. Spratt said McCain's proposals would increase the deficit, saying "there's no way were even on the path to a balanced budget." Spratt also criticized McCain for supporting the Bush tax cuts: "McCain's not just embracing Bush, McCain's embracing all the Bush tax cuts and then some." Furman said that while McCain has an extremely large budget he "does not find enough money in that budget to give a tax cut to 101 million households."
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Posted July 8, 2008 | 02:00 PM (EST)