What David Shaviro Said

...about the McCain tax plan (link):

...McCain's insane, almost criminally irresponsible, plans to cut taxes by $3.3 trillion over the next 8 years - to be financed, of course, by eliminating waste and abuse. When you look at the U.S. fiscal gap and McCain's expensive foreign policy plans plus the zero prospect that he will be able to take on entitlements issues (even in the unlikely event that he wants to), supporting such a plan is almost akin to saying that you want the U.S. to face a catastrophic fiscal meltdown within the next 10 to 15 years.

Repeating: unfunded tax cuts are not tax cuts: they are taxes on draft choices to be named later.