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Thursday, March 13, 2008

McCain budget numbers don't add up, experts say

March 10, 2008
McCain budget numbers don't add up, experts say

WASHINGTON (Reuters) - John McCain's reputation for "straight talk" has helped him clinch the U.S. Republican presidential nomination but budget experts say his numbers do not add up.

McCain's promises to reduce wasteful spending if elected president in November would not begin to cover the costs of his proposed tax cuts, analysts say.

He also has not yet explained how he would rein in the health-care and retirement costs expected to swamp the federal budget as some 77 million people retire from the U.S. work force in the coming decades.

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