Now that the national conventions are done, the United States' long process to choosing their next president is one step closer. But who would be better for taxpayers? According to the National Taxpayers Union (NTU), Obama would be a real big spender compared to McCain.
According to the NTU's analysis of election platforms, Barack Obama would increase spending by $343.6 billion, while McCain's promises would cost 'just' $68.5 billion.
The organization also assessed their votes on various bills in congress reflecting a "commitment to reducing or controlling federal spending, taxes, debt, and regulation." By this criteria, McCain voted the right way 67% of the time, and Obama 0%.
The NTU also calculates the "annual change in federal spending that would occur if all the legislation sponsored or cosponsored by that Member were enacted into law." For the first session of the 110th Congress, the bill tally for Obama's agendas was $74.9 billion, while McCain's was $8.1 billion.
High regulation, high taxation, and high spending is a burden on the economy. On these scores, McCain is better far and away. And considering how much trade Canada does with the United States, those north of the 49th parallel also have a stake in this election and good reason to pay attention. Regular polling results can be found here.
Thursday, September 04, 2008
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