Word: deficit
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...Arizona senator, who blew out Bush in the 2000 primary by 18 points, and revived his campaign by winning this year's contest by 5 points over Mitt Romney. New Hampshire voters tend to be fiscally conservative-the state is home to the Concord Coalition, an anti-deficit non-profit-but fairly progressive on social issues. From that perspective, McCain seemed like a welcome change from Bush: a fiscal conservative who wouldn't focus much on abortion or gay marriage. And, in fact, Barack Obama and McCain stayed fairly close in New Hampshire polls up until...
...game the clear favorite and ranked No. 1 in the nation. The team was 32-1-0 at the time and had already racked up the Beanpot and ECAC championships. But none of that mattered against the Badgers, who turned a 1-0 Crimson lead into a 3-1 deficit within seven minutes in the second period and went on to win the game, 4-1, sending Harvard packing...
...ranks of those who pay no income tax does raise an important question that both Obama and McCain failed to fully answer during the current campaign: How the heck are we going to finance our government? The question has been looming for a while because of the chronic deficits of the Bush years and the soon-to-escalate demands on Social Security and Medicare. It has gained urgency lately, with Washington committing vast sums to fighting financial panic and with more deficit-financed emergency aid surely...
...that he will cut government spending. But both are also pledging big tax cuts. The Tax Policy Center, a joint venture of the left-leaning Urban Institute and Brookings Institution that also has a reputation for getting its numbers right, estimates that Obama's tax proposals would increase the deficit by up to $3.5 trillion over the next decade, while McCain's would increase it by up to $8.6 trillion. That doesn't count possible spending cuts, but even McCain's proposed "freeze" wouldn't come anywhere near to closing that hole...
...consumers to an extent that offsets the rebate. Corporate oil taxes have been implemented–and have failed–before. Under the Carter administration, this type of tax proved to be inefficient, meaning that families might not receive a full rebate and possibly increasing the federal deficit...