Diamond Engagement Rings For Sale Online

Trillion Cut

What do you think about Alan Greenspan's comment that the nation can't afford McCain's $3.3 trillion tax cut?

Alan Greenspan says a tax cut of that magnitude is not possible without a corresponding reduction in government spending, and McCain has refused to explain what spending exactly he would cut.

McCain did explain it. He wants to kill earmarks to pay for part of it and start hacking out pork barrel projects to pay for more of it. His energy plan will create jobs so that individual income increases. If income increases then the government can lower the tax rate without losing revenue.

Greenspan agrees that McCain's plan will work if the Democratic congress doesn't try to stop the spending cuts.

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