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John McCain 2008 Presidential Campaign (view source)
Revision as of 14:00, July 8, 2008
, 14:00, July 8, 2008no edit summary
McCain has accepted nearly $70,000 for his presidential campaign from the top donors to the Swift Boat Veterans for Truth, and their family. The SBVT were condemned at the time by McCain when they ran ads questioning [[John Kerry|John Kerry's]] military service and his reception of the Purple Heart. The money raised is four times the amount McCain raised from those donors in the 14 years prior to launching his campaign.<ref>http://www.usatoday.com/news/politics/election2008/2008-06-30-swiftboat_N.htm Price of Power: McCain accepts ex-Swift Boaters' Donations</ref>
McCain has accepted nearly $70,000 for his presidential campaign from the top donors to the Swift Boat Veterans for Truth, and their family. The SBVT were condemned at the time by McCain when they ran ads questioning [[John Kerry|John Kerry's]] military service and his reception of the Purple Heart. The money raised is four times the amount McCain raised from those donors in the 14 years prior to launching his campaign.<ref>http://www.usatoday.com/news/politics/election2008/2008-06-30-swiftboat_N.htm Price of Power: McCain accepts ex-Swift Boaters' Donations</ref>
==Campaign Issues==
===Budget===
McCain has stated he plans to balance the budget by 2013, via spending cuts by ending earmarks and proposing a one-year pause in discretionary spending, in addition to tax cuts.<ref>http://www.johnmccain.com/Informing/Issues/4dbd2cc7-890e-47f1-882f-b8fc4cfecc78.htm John McCain's Economic Proposals</ref> Economic experts, though, are skeptical that the ideas proposed by Senator McCain will create a balanced budget. According to Robert L. Bixby, executive director of the Concord Coalition, a nonpartisan budget watchdog group, "It would be very difficult to achieve in the best of circumstances, and even more difficult under the policies that Senator McCain has proposed."
Senator McCain proposes to hold the increase in federal spending to 2%, while it has grown at an average of 6% over the past five years. In addition, he plans to slow the growth of Social Security, Medicare, and Medicaid but has not given details of how he plans to do so.
As a comparison on earmarks, if President Bush were to end all earmarks in 2008, it would cut $17 billion out of a $2.9 trillion budget, a relatively minor amount.
==Endorsements==
==Endorsements==