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Originally Posted by Iowa_Flames_Fan
Thanks for that.
I'm sure you're right about the total--just glancing at it it looks more like about 400 in new spending, not 825. But I may not be reading it right.
Either way, one thing that isn't included in those numbers is increased revenues from allowing the Bush tax cuts to expire for taxpayers earning over 200,000 a year, which Obama has pledged to do. I don't know what kind of revenues we're talking about, but according to factcheck.org the Bush tax cuts, set to expire in 2010, cost the U.S. Gov't 1.1 trillion per year.
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I think Obama is basing a lot of his proposals on cutting the expenses in Iraq, and using that money to fund all those social programs.
Personally, I'd fix Social Security, and FULLY adopt the universal health care plan that was proposed a while back which would end up saving over 1 trillion after 10 years.
Both Hillary and Obama are only using certain parts of it.