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: Harrell Blog

Obama's Taxing and Spending

By pharrell

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The Wall Street Journal concedes that Obama's major proposals are essentially budget-neutral:

One challenge is to tally up his tax cuts and spending increases to see whether they're matched by tax increases and spending cuts, as he says they are. To skip to the bottom line: Sen. Obama's probably do. Capping carbon emissions and auctioning off tradable rights to emit carbon, as he proposes, can raise a lot of money if the next president has the political moxie to implement such a program.

Full post as published by Harrell Blog on February 28, 2008 (boomark / email).

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