Debate: Obama Rips McCain On Tax Cuts For The Rich

Obama slams McCain on his hundreds of billions of dollars in tax cuts for the rich that dwarf his grandstanding on earmarks.

OBAMA: […] Sen. McCain mentioned looking at our records. We do need to look at our records.

Sen. McCain likes to talk about earmarks a lot. And that’s important. I want to go line by line through every item in the federal budget and eliminate programs that don’t work and make sure that those that do work, work better and cheaper.

But understand this: We also have to look at where some of our tax revenues are going. So when Sen. McCain proposes a $300 billion tax cut, a continuation not only of the Bush tax cuts, but an additional $200 billion that he’s going to give to big corporations, including big oil companies, $4 billion worth, that’s money out of the system.

And so we’ve got to prioritize both our spending side and our tax policies to make sure that they’re working for you. That’s what I’m going to do as president of the United States.

Sarah Palin is a Liar…

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Ben at Politico was being polite in not calling Palin a liar because, good journalists don’t do that. So, I’ll do it for him. What he did do however, is show that everything Sarah Palin is saying is untrue.

Senator John McCain recently told reporters that Alaska Governor Sarah Palin has “learned that earmarks are bad.” But not that bad, apparently. According to a “summary of requests for federal appropriations” posted to her budget office’s website earlier this year, Palin requested millions of federal dollars for everything from improving recreational halibut fishing to studying the mating habits of crabs and the DNA of harbor seals.

It’s just that it is a position that goes against her “Thanks, but no thanks to the Bridge To Nowhere” speech we all keep hearing over and over again. She had the audacity to call out Obama on earmarks in a speech from my home state.

“In just three years our opponent has requested nearly one billion dollars in earmarks. That’s nearly a million dollars for every working day,” Palin told a crowd in Lebanon, Ohio, Tuesday. “So as we reform the abusive earmarks in our state our opponent was requesting nearly a billion dollars in earmarks as a senatorial privilege as I was vetoing half a billion as an executive responsibility.”

In her January state of the state address, Palin said the state “must not rely so heavily on federal government earmarks.”

But the document summarizing Palin’s earmark requests was created the next month, and it suggested a still-healthy appetite for earmarks. Soon afterward, Palin wrote an op-ed in a local newspaper outlining her not-so-reticent posture on earmarks.

“My role at the federal level is simply to submit the most well-conceived earmark requests we can,” she wrote.

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Sarah Palin’s Alaskonomics-Not Another Bush

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Sarah Palin thinks she is a better American than you because she comes from a small town, and a superior human being because she isn’t a journalist and never lived in Washington and likes to watch her kids play hockey. Although Palin praised John McCain in her acceptance speech as a man who puts the good of his country ahead of partisan politics, McCain pretty much proved the opposite with his selection of a running mate whose main asset is her ability to reignite the culture wars. So maybe Governor Palin does represent everything that is good and fine about America, as she herself maintains. But spare us, please, any talk about how she is a tough fiscal conservative.

Her holier than thou speeches are getting old. When she smiles and waves at you, Palin wants you to forget all the things you have read about her in the media or seen on the blogosphere. She doesn’t want you to think about Troopergate, or that she is all cozy with Big Oil and the coal firms that want to ravage Alaska. Instead, she wants you to envision her baking dinner for her family because, she got rid of the chef at the governor’s mansion. To show she is just like the rest of us.. I’m starting to feel ill..

Palin has continued to repeat the already exposed lie that she said, “No, thanks,” to the famous “bridge to nowhere” (McCain’s favorite example of wasteful federal spending). In fact, she said, “Yes, please,” until this project became a symbol and political albatross.

Back to reality. Of the 50 states, Alaska ranks No. 1 in taxes per resident and No. 1 in spending per resident. Its tax burden per resident is 21/2 times the national average; its spending, more than double. The trick is that Alaska’s government spends money on its own citizens and taxes the rest of us to pay for it. Although Palin, like McCain, talks about liberating ourselves from dependence on foreign oil, there is no evidence that being dependent on Alaskan oil would be any more pleasant to the pocketbook.

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