AZ for Mitt

A blog dedicated to informing Arizonans about Mitt Romney and the campaign for the 2008 presidential nomination.

Tuesday, January 29, 2008

TOP 10 REASONS WHY SEN. MCCAINSTILL NEEDS "TO BE EDUCATED"ON ECONOMICS

"When the most important pro-growth tax cuts in a generation were proposed by President George W. Bush in 2001 and 2003, Sen. McCain vigorously opposed them." – Club For Growth President Pat Toomey (Pat Toomey, Op-Ed, "The McCain Record," The Wall Street Journal, 3/13/07)

#1: Admits He Knows Little About The Economy:
- Sen. McCain: "The Issue Of Economics Is Not Something I've Understood As Well As I Should." "Like Mike Huckabee, who joked recently that he 'may not be the expert that some people are on foreign policy, but I did stay in a Holiday Inn Express last night,' McCain suggested to reporters Monday that American consumer culture offered a short cut to expertise. 'The issue of economics is not something I've understood as well as I should,' McCain said. 'I've got Greenspan's book.'" (Sasha Issenberg, "McCain: It's About The Economy," The Boston Globe, http://www.boston.com/, Posted 12/18/07)

- Sen. McCain: "I Still Need To Be Educated." "On a broader range of economic issues, though, Mr. McCain readily departs from Reaganomics. His philosophy is best described as a work in progress. He is refreshingly blunt when he tells me: 'I'm going to be honest: I know a lot less about economics than I do about military and foreign policy issues. I still need to be educated.'" (Stephen Moore, "Reform, Reform, Reform," OpinionJournal.com, 11/26/05)

#2: Opposed The Bush Tax Cuts In 2001:
- In 2001, Sen. McCain Was One Of Only Two Republicans To Vote Against The $1.35 Trillion Tax Cut. The bill lowered marginal rates, eliminated the marriage penalty, and doubled the child tax credit. (H.R. 1836, CQ Vote #170: Adopted 58-33: R 46-2; D 12-31; I 0-0, 5/26/01, McCain Voted Nay)

#3: Opposed The Bush Tax Cuts In 2003:
- In 2003, Sen. McCain Was One Of Only Three Republicans To Twice Vote Against The $350 Billion Tax Cut. The comprehensive bill lowered taxes by $350 billion over 11 years – including increasing the child tax credit and eliminated the marriage penalty. (H.R. 2, CQ Vote #179: Passed 51-49: R 48-3; D 3-45; I 0-1, 5/15/03, McCain Voted Nay; H.R. 2, CQ Vote #196: Adopted 50-50: R 48-3; D 2-46; I 0-1, 5/23/03, McCain Voted Nay)

#4: Opposed Making The Bush Tax Cuts Permanent:
- In 2004, Sen. McCain Said He Would "Clearly" Not Support Extending The Tax Cuts. RUSSERT: "Since the Civil War, every president who has been at war has increased taxes. Should the president consider postponing his tax cut?" SEN. MCCAIN: "I would have – I voted against the tax cuts because of the disproportionate amount that went to the wealthiest Americans. I would clearly support not extending those tax cuts in order to help address the deficit. But the middle-income tax credits, the families, the child tax credits, the marriage tax credits, all of those I would keep." (NBC's "Meet The Press," 4/11/04)

#5: Was Against The Bush Tax Cuts Before He Was For Them:
- Within The Span Of 15 Seconds, McCain Was For, Against, And For Tax Cuts. SEN. MCCAIN: "I've been involved in all of these issues, I know how to stop the irresponsible spending. I've always been for tax cuts, I have always...uh... although, I voted against the first tax cuts, but these tax cuts have to be made permanent..." (Fox News' "Fox & Friends," 1/24/08; http://www.youtube.com/)

#6: Still Says He Was Right To Vote Against The Bush Tax Cuts:
- Sen. McCain Still Believes He Was Right To Vote Against Numerous Republican Tax Cuts. RUSSERT: "Do you believe that voting against the Bush tax cuts was a mistake?" SEN. MCCAIN: "Of course not." (NBC's "Meet The Press," 1/6/08; http://www.youtube.com/)

#7: Used Democrat Class-Warfare Rhetoric To Attack The Bush Tax Cuts:
- Club For Growth President Pat Toomey: Sen. McCain's Statements Sounded Like Kennedy's And Kerry's "Class Warfare." "In 2001, Sen. McCain argued, 'I cannot in good conscience support a tax cut in which so many of the benefits go to the most fortunate among us at the expense of middle-class Americans who need tax relief.' That statement is virtually indistinguishable from the class-warfare demagoguery used by Democrats like Ted Kennedy and John Kerry." (Pat Toomey, Op-Ed, "The McCain Record," The Wall Street Journal, 3/13/07)

#8: Included A Tax Increase In His 2000 Campaign Economic Plan:
- McCain Said His 2000 Tax Plan Would Have A Tax Increase. O'REILLY: "All right. So you want to target the – the middle-class people, and you're willing to live with the rich people paying the taxes they're – they're paying." SEN. MCCAIN: "Sure. And I don't want to take any money. In fact, the program that I have gives them a slight tax increase, but the question is what do you do with the surplus. Governor Bush puts it all in tax cuts. I want to give middle-class Americans a tax break, spend it on Social Security, Medicare, and paying down the debt." (Fox News' "The O'Reilly Factor," 1/20/00; http://www.youtube.com/)

#9: Opposes Permanent Repeal Of The Death Tax:
- In 2002, Sen. McCain Was One Of Only Two Republicans To Twice Vote Against Permanent Repeal Of The Death Tax. (S. 1731, CQ Vote #28: Adopted 56-42: R 45-2; D 11-39; I 0-1, 2/13/02, McCain Voted Nay, H.R. 8, CQ Vote #151: Motion Rejected 54-44: R 45-2; D 9-41; I 0-1, 6/12/02, McCain Voted Nay)

#10: Joined Sen. Joe Lieberman To Propose Higher Energy Taxes On Consumers:
- McCain-Lieberman Would Dramatically Raise Taxes On All Carbon-Based Fuels, Like Gas For Your Car And Home Heating Oil. "What is not widely understood is that [Sen. McCain] is currently sponsoring legislation that, in the name of fighting global warming, would dramatically raise the tax on all carbon-based fuels, including gasoline, home heating oil, coal, and to a lesser extent, natural gas." (Roy Cordato, "McCain's Costly Tax On Energy," National Review, http://article.nationalreview.com/, Posted 1/10/08)

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