What Would Senator McCain’s Economic Agenda Mean for America’s Poor?
April 22, 2008 Contact: Daniella Leger Phone: 202.741.6258 Email: dleger@americanprogressaction.org Click here for full report with graphs: http://thinkprogress.org/wonkroom/resource/ To his credit, Senator McCain has begun to talk about the need to address America’s “forgotten places” that have been “ignored for long years by the sins of indifference and injustice.” But what would Senator McCain’s agenda mean for these forgotten places? The analysis below demonstrates two facts about the impact of Senator McCain’s agenda: · First, his tax cuts would provide virtually no benefit for the 36.5 million Americans living in poverty. · Second, paying for these tax cuts, as Senator McCain has pledged to do, would require massive reductions—from 20 to 40 percent—in programs that benefit the poor, such as Head Start, Pell Grants for college, Title I school funding, and nutrition aid for mothers and children. The McCain Tax Agenda: No Help for the Poor What would the centerpiece of Senator McCai
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