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Obama's prime-time ad skips over budget realities

by Ubiquitous <weberm@[EMAIL PROTECTED] > Oct 30, 2008 at 05:51 AM

By CALVIN WOODWARD
Associated Press Writer 
 
WA****NGTON (AP) - Democratic presidential candidate Barack Obama was less
than 
upfront in his half-hour commercial Wednesday night about the costs of his

programs and the cru****ng budget pressures he would face in office. 
Obama's assertion that "I've offered spending cuts above and beyond" the 
expense of his promises is accepted only by his partisans. His vow to save

money by "eliminating programs that don't work" masks his failure
throughout 
the campaign to specify what those programs are—beyond the withdrawal of 
troops from Iraq. 

A sampling of what voters heard in the ad, and what he didn't tell them: 

THE SPIN: "That's why my health care plan includes improving information 
technology, requires coverage for preventive care and pre-existing
conditions 
and lowers health care costs for the typical family by $2,500 a year." 

THE FACTS: His plan does not lower premiums by $2,500, or any set amount. 
Obama hopes that by spending $50 billion over five years on electronic
medical 
records and by improving access to proven disease management programs,
among 
other steps, consumers will end up saving money. He uses an optimistic 
analysis to suggest cost reductions in national health care spending could

amount to the equivalent of $2,500 for a family of four. Many economists
are 
skeptical those savings can be achieved, but even if they are, it's not a 
certainty that every dollar would be passed on to consumers in the form of

lower premiums. 

___ 

THE SPIN: "I've offered spending cuts above and beyond their cost." 

THE FACTS: Independent analysts say both Obama and Republican John McCain 
would deepen the deficit. The nonpartisan Committee for a Responsible
Federal 
Budget estimates Obama's policy proposals would add a net $428 billion to
the 
deficit over four years—and that analysis accepts the savings he claims
from 
spending cuts. The nonpartisan Tax Policy Center, whose other findings
have 
been quoted approvingly by the Obama campaign, says: "Both John McCain and

Barack Obama have proposed tax plans that would substantially increase the

national debt over the next 10 years." The analysis goes on to say:
"Neither 
candidate's plan would significantly increase economic growth unless
offset by 
spending cuts or tax increases that the campaigns have not specified." 

___ 

THE SPIN: "Here's what I'll do. Cut taxes for every working family making
less 
than $200,000 a year. Give businesses a tax credit for every new employee
that 
they hire right here in the U.S. over the next two years and eliminate tax

breaks for companies that ****p jobs overseas. Help homeowners who are
making a 
good faith effort to pay their mortgages, by freezing foreclosures for 90 
days. And just like after 9-11, we'll provide low-cost loans to help small

businesses pay their workers and keep their doors open. " 

THE FACTS: His proposals—the tax cuts, the low-cost loans, the $15 billion
a 
year he promises for alternative energy, and more—cost money, and the
country 
could be facing a record $1 trillion deficit next year. Indeed, Obama
recently 
acknowledged—although not in his commercial—that: "The next president will

have to scale back his agenda and some of his proposals." 

___ 

THE SPIN: "I also believe every American has a right to affordable health 
care." 

THE FACTS: That belief should not be confused with a guarantee of health 
coverage for all. He makes no such promise. Obama hinted as much in the ad

when he said about the problem of the uninsured: "I want to start doing 
something about it." He would mandate coverage for children but not
adults. 
His program is aimed at making insurance more affordable by offering the 
choice of government-subsidized coverage similar to that in a plan for
federal 
employees and other steps, including requiring larger employers to share
costs 
of insuring workers. 

___ 

THE SPIN: "We are currently spending $10 billion a month in Iraq, when
they 
have a $79 billion surplus. It seems to me that if we're going to be
strong at 
home as well as strong abroad that we've got to look at bringing that war
to a 
close." These lines in the ad were taken from a debate with McCain. 

THE FACTS: Obama was once and very often definitive about getting combat 
troops out in 16 months (At times during the primaries, he promised to do
so 
within a year). More recently, without backing away explicitly from the 
16-month withdrawal pledge, he has talked of the need for flexibility. In
the 
primaries, it would have been a jarring departure for him to have said
merely 
that "we've got to look at" ending the war. As for Iraq's surplus, it's
true 
that Iraq could end up with a surplus that large, but that hasn't happened

yet. 


-- 
It is simply breathtaking to watch the glee and abandon with which
the liberal media and the Angry Left have been attempting to turn
our military victory in Iraq into a second Vietnam quagmire. Too bad 
for them, it's failing.
 




 4 Posts in Topic:
Obama's prime-time ad skips over budget realities
Ubiquitous <weberm@[EM  2008-10-30 05:51:20 
Re: Obama's prime-time ad skips over budget realities
Paul P <a@[EMAIL PROTE  2008-10-30 11:16:23 
Re: Obama's prime-time ad skips over budget realities
WQ <WQieue@[EMAIL PROT  2008-10-30 08:38:27 
Re: Obama's prime-time ad skips over budget realities
ConDumbNation <condumb  2008-10-30 09:58:23 

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