McCain on discretionary spending during first debate

John McCain
First Presidential Debate

TOPIC: discretionary spending

TRANSCRIPT:
JOHN MCCAIN: We have to cut spending. I have fought to cut spending. Senator Obama has $800 billion dollars in new spending programs. I would suggest we start by canceling some of those new spending programs that he has. We can, I think, adjust spending around to take care of the very much needed programs, including taking care of our veterans. But I also want to say again, a healthy economy with low taxes with not raising anyones taxes, is probably the best recipe for eventually having our economy recover. And spending restraint has got to be a vital part of that. And the reason- one of the major reasons why were in the difficulties were in today is because spending got out of control. We owe China $500 billion dollars and spending, I know can be brought under control because I have fought against excessive spending my entire career and I got plans to reduce and eliminate unnecessary and wasteful spending. And if theres anybody here who thinks there arent agencies of government where spending can be cut and their budgets slashed, they have not spent a lot of time in Washington.

Category:

News & Politics

Tags:

• discretionary
• spending
• cuts
• secretary
• agencies