McCain Pledges to Balance Budget in First Term
GOP Candidate Promises to Cut Taxes, Slow Government Spending
By JAKE TAPPER
July 7, 2008

After yet another campaign staff shake-up, Sen. John McCain, R-Ariz., will try to repackage his economic plans by promising to balance the federal budget in four years.

Sen. John McCain is trying to convince voters he can handle the economy.

The bold declaration -- which McCain will make during a Denver town hall meeting as part of a weeklong tour of swing states -- is part of his efforts to be perceived as the candidate who can manage the economy; the economy has become voters' overwhelmingly top priority, and it offers a way for McCain to dramatically differentiate himself from President Bush.

McCain Refocuses on Economy

McCain's Jobs for America tour is also intended to shake the image that McCain lacks knowledge about the economy, a view the presumptive Republican presidential candidate has fed with his own comments.

The latest ABC News poll indicates Americans trust Sen. Barack Obama, D-Ill., to handle the economy better than McCain, 52 percent to 36 percent.

McCain and Steve Schmidt, the new official managing the day-to-day operations of McCain's campaign, know that has got to change.

At a town hall meeting in Denver, McCain vows to balance the federal budget by 2013, which would be the end of his first term as president.

The federal deficit is currently projected by the Congressional Budget Office to hit $443 billion by 2013, assuming the Bush tax cuts are extended.

McCain will argue that his ambitious goal of balancing the budget can be attained through five main points: economic growth spurred by the elements of his economic plan, eliminating congressional budget add-ons called earmarks, offering private Social Security accounts for younger Americans, withdrawing troops from the Middle East and freezing or slowing discretionary spending.

more:ABC News: McCain Promises to Balance Budget

just what is he going to gut to pay off 443 billion?!

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"No man is happy without a delusion of some kind. Delusions are as necessary to our happiness as realities."
...Christian Nestell Bovee

We need to bite the bullet and slash spending and raise taxes. Regan needed to do it, and so did Clinton. Neither of them wanted to pee off their constituency. If anyone is willing to do it, I'd say McCain would be. If he wins it won't be hard core conservatives or left wing Democrats who elect him. So he can ask congress to do those two things and ask the American people's support.
The only way to get a hard thing like this done is to present it in an effective way to the people.
No Obama is going to slash social spending and no right winger would have raised taxes. McCain has a chance because he has been in favor of things such as campaign reform and he didn't mind telling us how illegal immigration was not as easy as it looked.
The question is will he step up to the plate if he is elected, and tell the Dems and the GOP how the cow ate the cabbage?

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Salty

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Daddy Bush too. That is one big problem we have unfair tax codes so millionaires pay less than a person who earns $65,000.00.
So McCain needs to set that right. Piss off his elite friends and wife. lol

Anothe rbig problem is the American citizen wants to much given. labor unions have set the elite on a course that is going to hurt us all and make the others smile.

I say to hell with th edebt to Communist China and raise taxes to pay down the rest. Give the needy help and make health care afforable. Our VETS need help NOW!
face it we can't keep this up!

But after todays Iran news and the English thing Obama is one big fool!!!

And now three pastors upset with him. WOW I have been to many churchs (before) and never pissed off one pastor. 3 strikes and your out is my motto.