The Barack ObamaBarack Hussein ObamaObama warns of a 'decade of unfair, partisan gerrymandering' in call to look at down-ballot races Quinnipiac polls show Trump leading Biden in Texas, deadlocked race in Ohio Poll: Trump opens up 6-point lead over Biden in Iowa MORE campaign tried to poke holes in John McCainJohn Sidney McCainAnalysis: Biden victory, Democratic sweep would bring biggest boost to economy The Memo: Trump's strengths complicate election picture Mark Kelly: Arizona Senate race winner should be sworn in 'promptly' MORE's budget plan Tuesday, saying McCain's numbers "clearly are not adding up."

House Budget Committee Chairman John Spratt (D-S.C.) said McCain's proposed budget is unlikely to balance the budget in four years, as the McCain camp claims, pointing to further tax cuts that Spratt says will add to future deficits.

"McCain is not just embracing [President] Bush, but all the Bush tax cuts and then some," Spratt said.

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Obama spokesman Hari Sevugan said the numbers "don't add up," calling McCain's proposals "gimmickry" that do not address the "real math" of the budget.

Jason FurmanJason FurmanOn The Money: Five things to know about the August jobs report Dates — and developments — to watch as we enter the home stretch In surprise, unemployment rate falls, economy adds jobs MORE, Obama's Director of Economic Policy , attacked McCain for relying on a draw down in Iraq to help close shortfalls in the budget, claiming McCain "has no plan for victory in Iraq." Spratt, however, conceded the idea may work.

"Obviously if there is a substantial drawn down in Iraq," Spratt said, "there will be a peace dividend of some kind." Spratt said though that while a peace dividend may help erase deficits, the Department of Defense may soak up alloted funding to help recover from a war that has stretched personnel and resources.