Clinton, Rivals Laud Spending Limits, Plan Big Spree

“Hillary Clinton and her rivals for the Democratic presidential nomination are promising new domestic programs, tax cuts for the middle class and a return to balanced budgets. One problem: Their numbers don’t add up.”

“The top candidates, Clinton, Senator Barack Obama of Illinois and former Senator John Edwards of North Carolina, all propose more than $150 billion a year in tax breaks for middle- income earners and new federal spending on health care, energy and education. They also pledge “fiscal responsibility,” a phrase Clinton used seven times during an Oct. 30 debate.”

Full analysis from Bloomberg Financial http://tinyurl.com/23l4p2