Saturday:Saturday McCain's advisers were considering a range of economic ideas, one indicated. On Sunday, on the CBS News program “Face the Nation,” Senator Lindsey Graham of South Carolina, a confidant of Mr. McCain, confirmed a report on a Web site, Politico, that Mr. McCain was weighing proposals to cut taxes on investors’ capital gains and dividends. “It will be a very comprehensive approach to jump-start the economy,” Mr. Graham said, “by allowing capital to be formed easier in America by lowering taxes.”
Sunday:No New Economic Policy Is Expected From McCain
WASHINGTON — Despite signals that Senator John McCain would have new prescriptions for the economic crisis after a weekend of meetings, his campaign said Sunday that Mr. McCain, the Republican presidential nominee, would not have any more proposals this week unless developments call for some.
McCain advisers said they did not know why Mr. Graham said that. One noted that Mr. McCain’s economic plan already would cut capital gains and dividend tax rates, by extending President Bush’s 2003 tax cuts. At the phone bank, Mr. McCain declined to answer a question from a reporter about what he was considering.
“We do not have any immediate plans to announce any policy proposals outside of the proposals that John McCain has announced, and the certain proposals that would result as economic news continues to come our way,” a campaign spokesman, Tucker Bounds, said. Mr. McCain’s policy adviser, Douglas Holtz-Eakin, said, “I have no comment on anything, to anybody.”
Tuesday:McCain to Present New US Economic Plan
McCain says he will unveil a new economic plan Tuesday designed to help Americans cope with the financial crisis, three weeks before the election . . .
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