Patt Morrison for August 13, 2010

Boxer vs. Fiorina: it comes down to the economy, stupid

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Chip Somodevilla & David McNew/Getty Images

U.S. Senate hopeful Carly Fiorina and incumbent Senator Barbara Boxer are on the campaign trail

There are plenty of background issues to what is shaping up to be an epic political battle for California’s Senate seat: immigration, abortion, gay marriage and the environment are just some of the complex concerns that the two candidates could address from now until November. But in the face of stubborn unemployment and economic stagnation, that have been acutely felt here in California, this election is due to come down one thing—the economy. Barbara Boxer and Carly Fiorina have decidedly different approaches to economic improvement: Boxer just helped to get a relief package for state public employees (teachers, firefighters, etc.) passed through Congress, while Fiorina labels that wasteful deficit spending. Fiorina wants to extend all of the Bush-era tax cuts, touting their tremendous benefits for struggling small businesses, while Boxer calls that a payoff to the richest Americans. The clash of economic philosophies will shape the campaign between Boxer & Fiorina—we take our first look at how both candidates hope to improve your financial well-being.

Guests:

Sen. Barbara Boxer, D-California; Chair of the Senate Committee on Environment & Public Works; Democratic candidate for California’s U.S. Senate seat

Carly Fiorina, Republican candidate for California’s U.S. Senate seat; former CEO of Hewlett-Packard


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