McCain Opposes Recovery Package Because It Has â€˜Corporate Giveawaysâ€™ He Once Campaigned For
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Over recent weeks, Sen. John McCain (R-AZ) has emerged as a vocal critic of President Obama’s recovery package, claiming it is too big and filled with “pork.” McCain now says he will not vote for the bill in its current form in part because the legislation, in his view, does not sufficiently reduce business taxes:
McCAIN: We should have cuts for business and business taxes and small business taxes should be cut. [CBS, 2/2]
McCAIN: We need to make tax cuts permanent, and we need to make a commitment that there’ll be no new taxes. We need to cut payroll taxes. We need to cut business taxes. [FNS, 1/25]
Benjamin J. Armbruster is a Research Associate for The Progress Report and ThinkProgress.org at the Center for American Progress.