I have also heard that the huge cost of the Democrat-caused financial crisis will make it impossible for McCain to put through the kind of tax cuts he wants because more government revenue will be needed.
Now this idea just betrays a complete lack of understanding of basic economics. We will need greater tax cuts because everyone knows the more you cut taxes the greater the increase in tax receipts. Taxes should be slashed by at least 90 percent. That will probably lead to an increase in tax receipts enough to pay for the 700 billion bail out in about one year.
Its not really a bailout, but a buyout. The defaulted mortgages the feds will buy up will eventually be re-sold, and will probably even make some money for the taxpayers.