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More on the Economy

By Chuck Ansbacher

Monday September 15, 2008

If Senator McCain is worried about the future, what on earth is he doing suggesting a tax plan that accumulates such huge deficits? By 2018, his tax plan adds more than $200 billion more than the Obama plan does to the federal deficit, every year. Given the difference in tax plans, Senator Obama could wage another Iraq war and cover about 90 percent of the projected Social Security shortfall while still running a lower deficit than Senator McCain would.