Campaigning today Sarah Palin said that she and McCain would fix the economy by imposing a spending freeze. She also declared that a McCain administration would balance the budget by the end of their first term. Only problem is that McCain chief economic advisor Douglas Holtz-Eakin says that it's virtually impossible to do now.
"The events of the past few months have completely thrown a wrench into that, there's no way round it. He would still like to balance it. It's going to be harder, take longer," said Holtz-Eakin at a debate with his Democratic counterpart at Columbia University in New York.