Advertisement
YOU ARE HERE: LAT HomeCollectionsNational

Obama's agenda may not add up

CAMPAIGN '08: THE DEMOCRATS

July 08, 2008|Peter Nicholas, Times Staff Writer

WASHINGTON — In more than a year of campaigning, Barack Obama has made a long list of promises for new federal programs costing tens of billions of dollars, many of them aimed at protecting people from the pain of a souring economy.

But if he wins the presidency, Obama will be hard-pressed to keep his blueprint intact. A variety of budget analysts are skeptical that the Democrat's agenda could survive in the face of large federal budget deficits and the difficulty of making good on his plan to raise new revenue by closing tax loopholes, ending the Iraq war and cutting spending that is deemed low-priority.

Advertisement

Like predecessors who also had to square far-reaching promises with inescapable budget realities, they say, a President Obama might need to jettison pieces of Obama-ism.

"I don't think it all adds up," Isabel Sawhill, an official in President Clinton's Office of Management and Budget, said of Obama's spending plans.

"There will definitely need to be a recalibration of these proposals once someone is in office," said Sawhill, now a senior fellow at the Brookings Institution. "The fiscal situation just isn't going to permit doing what Sen. Obama or anyone else would like."

On Monday, Obama repeated his commitment to his agenda, as both he and his Republican opponent, John McCain, spent the day highlighting their plans to revive the economy.

McCain, appearing in Denver, said he would create new jobs and balance the budget by the end of his first term in 2013 -- a claim that has drawn skepticism because he wants to extend President Bush's tax cuts that are due to expire.

Obama said Monday that his plan would provide more help to struggling middle-class families.

"I think it is important for us to make some critical investments right now in America's families," the senator from Illinois told reporters in St. Louis, where his plane made an unscheduled stop to resolve a mechanical problem.

In remarks he had intended to deliver in North Carolina, Obama said his plan would "not only ensure the economic security of middle-class families in the long term, but also the need to give them a chance for some relief in the short term, to make sure that Americans aren't just getting by but getting ahead."

Among other proposals during the course of the campaign, Obama has said he would strengthen the nation's bridges and dams ($6 billion a year), help make men better fathers ($50 million a year) and aid Iraqis displaced by the war ($2 billion in one-time spending). Last week, he pledged to give religious and community groups $500 million a year to provide summer education to low-income children.

Los Angeles Times Articles
|
|
|