Posted by Jed Lewison on Mon Jul 7, 2008 at 1:40 PM Pacific
Flip-flopping on a flip-flop in record time
PHOENIX – Senator John McCain is pledging once again to balance the budget by the end of his first term in 2013, his advisers said Monday, reverting to an earlier pledge he had abandoned in April when he proposed a series of costly tax cuts for corporations and high earners and said it might take two terms to balance the budget.
DENVER -- At a town hall meeting here today, McCain touted a repackaged plan to boost the nation’s economy, but left out plans to balance the budget in four years and explore privatization of Social Security that his campaign is advocating.
If you ask me, the reason why McCain flip-flopped on his plans to announce his flip-flop is that his balanced-budget proposal is high comedy at its finest.
Update: Hilzoy demonstrates in detail just how big of a lie McCain's proposal is/was/will be.
Update 2: The Obama campaign offers a detailed critique of McCain's proposal.
© Jed Lewison