McCain's Top Campaign Adviser: Record Deficits Would Have Happened Under McCain, Too

Sam Stein
HuffPost

The top economic adviser to John McCain's presidential campaign acknowledged on Monday that the U.S. would be running a historic deficit this year even if the Arizona Republican had won the White House.

In an interview on MSNBC, Douglas Holtz-Eakin argued that under McCain's stewardship economic policy would have been strikingly different than under Obama -- with a much smaller stimulus bill and government expenditures going down as opposed to up.

But the former Congressional Budget Office director did acknowledge that, even with these changes, the country "probably would still have a record deficit" as is projected under the Obama administration.

(More here.)

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