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McCain reveals new energy policy
US Presidential candidates, Obama (L) and McCain
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Republican nominee-in-waiting John McCain reveals his new energy policy and attacks the economic policy of his Democratic rival Barack Obama.
McCain said the US needed an economic surge similar to what he described as a successful military surge in Iraq. He also called for lower business taxes, new markets for US goods abroad, lower healthcare costs, and less government spending.
Rival Obama, however, attacked the Republican’s energy policy and said that McCain’s proposals were just ‘an early Christmas list for oil and gas lobbyists’.
“Our surge has succeeded in Iraq militarily. Now we need an economic surge to keep jobs here at home and create new ones,” said McCain at a kitchen cabinet factory in Ohio.
He also slammed Obama’s economic plan by claiming that it would raise taxes on business, income and investment and thereby ‘kill more jobs.’
Obama, who according to the latest polls leads on the economy, criticized McCain’s policies and called him a creature of Washington.
The Democrat, who was addressing a town hall meeting in Indiana on Wednesday, said that he agreed with McCain’s recent remarks about how the failure of Washington politicians to think for the long-term over the past 30 years has made the US dependent on foreign oil.
“What Senator McCain neglected to mention was that during those 30 years, he was in Washington for 26 of them,” he said.
Source: PressTV
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