Democrats Promise to Cut Deficit by 50%
Reported by Eleanor - August 4, 2004 -
The Washington Post this morning has a good article about Kerry/Edwards as they discuss how they plan to cut the deficit.
The following excerpts are from the article:
"Beyond repealing the Bush tax cuts, the biggest source of revenue comes from eliminating "corporate welfare" and closing tax loopholes. All together, Kerry's campaign listed $500 billion in savings over 10 years from the changes. Independent budget analysts said privately Tuesday that a Kerry administration would have trouble enacting all the changes in the tax code, given the power of special interests in Congress. "
Citing some specifics from the Edwards stop in Louisiana, the Post article said: "But it may have been Elizabeth Edwards who got off the best line, when she was talking about how all the manufacturers in her husband's boyhood town, Robbins, N.C., are closed. "[It's] people doing the right thing and being let down by your government because they're not fighting for your job," she said to much applause."
You may read the entire article at: Democrats Vow to Cut Deficit by 50% in Four Years.
