Obama’s “Spending Cut” Lie

Thu, 10/09/2008 - 12:26pm | posted by Jason Pye

Sen. Barack Obama’s told a very big lie last night when he said this:

[W]hat I’ve proposed, you’ll hear Senator McCain say, well, he’s proposing a whole bunch of new spending, but actually I’m cutting more than I’m spending so that it will be a net spending cut.

That is a lie. Not misleading, not a stretching of the truth. As I posted a couple weeks ago, the National Taxpayers Union has analyzed spending plans of three presidential candidates. They found that Sen. Obama is proposing $292.954 billion in new spending.

Sen. John McCain is just as much a liar when he says he’ll cut spending, which he did during the first debate. NTU found that McCain is proposing $92.437 billion in new spending.

  • Tagged: Barack Obama John McCain Spending
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