Krugman was Wrong today

Ken Houghton

Or at least optimistic.

McCain is going after Medicare and Medicaid.

But Douglas Holtz-Eakin, Sen. McCain’s senior policy adviser, said Sunday that the campaign has always planned to fund the tax credits, in part, with savings from Medicare and Medicaid. Those government health-care programs serve seniors, poor families and the disabled. Medicare spending for the fiscal year ended Sept. 30 is estimated at $457.5 billion.

At least he made it official.

Call those Florida relatives now.

UPDATE: PGL beat me to this one by about half an hour and is much nicer about the proposal than I over at Econospeak. (Then again, I’m not a “deficit hawk”—precisely because of reasons like this.)