Massive bailouts, foreclosed homes, jaw-dropping gas prices, chaos on Wall Street. These are just a few signs of the U.S.'s struggling economy. As America enters the next chapter of its history, what impact will an Obama administration have on our economic future?
Taylor Griffin, Senior Advisor
John McCain Will Stop Earmarks, Pork-Barrel Spending, And Waste.
He will veto every pork-laden spending bill and make their authors famous. As President, he will seek the line-item veto to reduce waste and eliminate earmarks that have led to corruption. Unlike Senators Clinton and Obama who have sought a nearly combined $3 billion in earmarks, John McCain has a clear record of not asking for earmarks. Earmarks restrict America's ability to address genuine national priorities and interfere with fair, competitive markets.
John McCain Proposes A One-Year Spending Pause To Evaluate Programs.
He believes that outside of essential military and veterans programs there should be a one-year pause in discretionary spending growth that should be used for a top-to-bottom review of the effectiveness of federal programs.
John McCain Has The Leadership And Courage To Make The Right Spending Choices.
Reduced spending means making choices. John McCain will not leave office without balancing the federal budget. He will not do it with smoke and mirrors. When he leaves office, he wants to leave a budget that stays balanced after he is gone, and can weather the occasional downturn and unexpected contingency. John McCain will provide the courageous leadership necessary to control spending, including:
* Eliminate Broken Government Programs. The federal government itself admits that one in five programs do not perform.
* Reform Our Civil Service System To Promote Accountability And Good Performance In Our Federal Workforce.
* Eliminating Earmarks, Wasteful Subsidies And Pork-Barrel Spending.
* Reform Procurement Programs And Cut Wasteful Spending In Defense And Non-Defense Programs.
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