McCain could easily win on this point, in the sense that he wants to cut spending and that he’s known for that stance. In fact, he just laid out examples, and said “I know how to do that,” referring to cutting programs.

“We’ll have to scrub every agency of government.”

Obama says he’ll “invest” in domestic energy to lower energy costs, which isn’t exactly “cutting” programs. Lehrer is pushing him on this point — Obama blames lobbyists.

Now Lehrer is cutting at both candidates on what gets cut out of their programs in the midst of an economic downturn — McCain supports now a “spending freeze” on everything but military, veterans, and entitlement programs.

Lehrer is pushing them to now recognize what effect this will have on their budgets.
Obama says he’ll have to make “tough decisions,” but that it’s important who you prioritize. Says its a bad decision to give tax cuts to “those who didn’t ask for them.”

McCain says one of the reasons the economy is in such bad shape is that spending has gotten out of control.

Best new term: “Orgy of spending,” via Obama on Bush spending increases that he claims McCain agreed with “90% of time.”

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