Blog Entry

McCain in 08

Posted on: July 4, 2008 9:18 am
Edited on: July 17, 2008 8:03 am

Putting The Country First


Since: Aug 22, 2006
Posted on: July 15, 2008 5:03 pm

McCain in 08

McCain Economic Plan

Immediate Help for American Families

Across America, families are facing economic challenges. Gas prices are rising, mortgages are threatened, and thousands have lost their jobs. Now is the time to act and John McCain has outlined several near-term, tangible plans to address some of the challenges confronting Americans today.

Helping Americans Confront Higher Living Costs:

John McCain Will Help Americans Hurting From High Gasoline And Food Costs. Americans need relief right now from high gas prices. John McCain will act immediately to reduce the pain of high gas prices.

John McCain Believes We Should Institute A Summer Gas Tax Holiday. Hard-working American families are suffering from higher gasoline prices. John McCain calls on Congress to suspend the 18.4 cent federal gas tax and 24.4 cent diesel tax from Memorial Day to Labor Day.

John McCain Will Stop Filling The Strategic Petroleum Reserve (SPR) To Reduce Demand. International demand for oil is bolstered by federal purchases for the SPR.
There is no reason to fill it when oil is so expensive; the overall SPR is of adequate size, and when it places further upward pressure on prices.

John McCain Will End Policies That Contribute To Higher Transportation And Food Costs. Ethanol subsidies, tariff barriers and sugar quotas drive up food prices and hurt Americans. However, we cannot take the wrong direction and cut off trade for American goods.

Helping Americans With The Housing Crisis:

John McCain Is Proposing A New "HOME Plan" To Provide Robust, Timely And Targeted Help To Those Hurt By The Housing Crisis. Under his HOME Plan, every deserving American family or homeowner will be afforded the opportunity to trade a burdensome mortgage for a manageable loan that reflects their home's market value.

Eligibility: Holders of a non-conventional mortgage taken after 2005 who live in their home (primary residence only); can prove creditworthiness at the time of the original loan; are either delinquent, in arrears on payments, facing a reset or otherwise demonstrate that they will be unable to continue to meet their mortgage obligations; and can meet the terms of a new 30-year fixed-rate mortgage on the existing home.

How It Works: An individual picks up a form at any Post Office and apply for a HOME loan. The FHA HOME Office certifies that the individual is qualified and contacts the individual's mortgage servicer. The mortgage servicer writes down and retires the existing loan, which is replaced by an FHA guaranteed HOME loan from a lender.

John McCain Calls For The Immediate Formation Of A Justice Department Mortgage Abuse Task Force. The Task Force will aggressively investigate potential criminal wrongdoing in the mortgage industry and bring to justice any who violated the law. The DOJ Task Force will offer assistance to State Attorneys General who are investigating abusive lending practices.

Keeping The Credit Crunch From Hurting College Students:

John McCain Is Proposing A Student Loan Continuity Plan. Students face the possibility that the credit crunch will disrupt loans for the fall semester. John McCain calls on the federal government and the 50 governors to anticipate loan problems and expand the lender-of-last resort capabilities for each state's guarantee agency.

Pro Growth, Pro-Jobs Tax Agenda

Cutting Taxes For The Middle Class:

John McCain Will Cut Taxes For Middle Class Families. John McCain will permanently repeal the Alternative Minimum Tax (AMT) – a tax that will be paid nearly exclusively by 25 million middle class families. Repealing this onerous tax will save middle class families nearly $60 billion in a single year. Under McCain's plan, a middle class family with children set to pay the AMT will save an average of over $2,700 – a real tax cut for working families.

John McCain Will Double The Personal Exemption For Dependents. John McCain believes the tax code should be less of a burden on those, whether they are mothers and fathers or single parents, who are trying to raise a family. He proposes to raise the personal exemption for each dependent from $3,500 to $7,000.

Pro-Growth Tax Policy:

John McCain Will Keep Tax Rates Low. Entrepreneurs are at the heart of American innovation, growth and prosperity. They create the ultimate job security – a new, better opportunity if your current job goes away. Entrepreneurs should not be taxed into submission.

John McCain Will Maintain The Current Income And Investment Tax Rates And Fight The Democrats' Plans For A Crippling Tax Increase In 2011. Left to their devices, Democrats will impose a massive $100 billion tax hike, almost $700 per taxpayer every year. John McCain has also long sought permanent and immediate reform of the estate tax, and supports raising the exemption from taxation on estates up to $10 million while cutting the tax rate to 15 percent.

John McCain Will Make It Harder To Raise Taxes. John McCain believes it should require a 3/5 majority vote in Congress to raise taxes.

John McCain Will Reward Saving, Investment And Risk-Taking. Low taxes on dividends and capital gains promote saving, channel investment dollars to innovative, high-value uses and not wasteful financial planning. John McCain will keep the current rates on dividends and capital gains and fight anti-growth efforts by Democrats.

John McCain Will Improve Business Investment Incentives. John McCain proposes to permit corporations to immediately deduct the cost of equipment investment, providing a valuable pro-growth investment incentive. Expensing of equipment and technology will provide an immediate boost to capital expenditures and reward investments in cutting-edge technologies.

Tax Cuts On American Employers:

John McCain Will Reduce The Federal Corporate Tax Rate To 25 Percent From 35 Percent. John McCain believes the taxes we impose on American companies should be no higher than the average rate our major trading partners impose on theirs. We currently have the second-highest combined corporate-tax rate in the industrialized world, and it is driving many businesses and the jobs they create overseas.

Pro-Innovation Tax Cuts:

John McCain Will Ban Internet Taxes. John McCain has been a leader in keeping the Internet free of taxes. As President, he will seek a permanent ban on taxes that threaten this engine of economic growth and prosperity.

John McCain Will Ban New Cell Phone Taxes. John McCain understands that the same people that would tax e-mail will tax every text message – and even 911 calls. John McCain will prohibit new cellular telephone taxes.

John McCain Will Establish Permanent Tax Credit Equal To 10 Percent Of Wages Spent On R&D. This reform will simplify the tax code, reward activity in the U.S., and make us more competitive with other countries. A permanent credit will provide an incentive to innovate and remove uncertainty. At a time when our companies need to be more competitive, we need to provide a permanent incentive to innovate, and remove the uncertainty now hanging over businesses as they make R&D investment decisions.

Retirement Tax Cut:

John McCain Will Act To Lower Medicare Premiums. Seniors face a growing threat from higher Medicare premiums that tax away their Social Security and retirement savings. John McCain has proposed comprehensive, pro-market health care and Medicare reforms to reduce health care costs and control increases in premiums – while delivering high-quality health care.

A Real Choice For Simpler Taxes:

John McCain Will Propose An Alternative New And Simpler Tax System – And Give America A Real Choice. When this reform is enacted, all who wish to stay under the current system could still do so, but everyone else could choose a vastly less complicated system with two tax rates and a generous standard deduction. Americans do not resent paying their rightful share of taxes – what they do resent is being subjected to thousands of pages of needless and often irrational rules and demands from the IRS.

Reforming Washington

Eliminating Wasteful Spending:

John McCain Will Stop Earmarks, Pork-Barrel Spending, And Waste. He will veto every pork-laden spending bill and make their authors famous. As President, he will seek the line-item veto to reduce waste and eliminate earmarks that have led to corruption. Unlike Senators Clinton and Obama who have sought a nearly combined $3 billion in earmarks, John McCain has a clear record of not asking for earmarks. Earmarks restrict America's ability to address genuine national priorities and interfere with fair, competitive markets.

John McCain Proposes A One-Year Spending Pause To Evaluate Programs. He believes that outside of essential military and veterans programs there should be a one-year pause in discretionary spending growth that should be used for a top-to-bottom review of the effectiveness of federal programs.

John McCain Has The Leadership And Courage To Make The Right Spending Choices. Reduced spending means making choices. John McCain will not leave office without balancing the federal budget. He will not do it with smoke and mirrors. When he leaves office, he wants to leave a budget that stays balanced after he is gone, and can weather the occasional downturn and unexpected contingency. John McCain will provide the courageous leadership necessary to control spending, including:

Eliminate Broken Government Programs. The federal government itself admits that one in five programs do not perform.
Reform Our Civil Service System To Promote Accountability And Good Performance In Our Federal Workforce.
Eliminating Earmarks, Wasteful Subsidies And Pork-Barrel Spending.
Reform Procurement Programs And Cut Wasteful Spending In Defense And Non-Defense Programs.

Budgetary Reform To Give Tax Cuts A Fair Chance:

John McCain Will Reform Budgeting To Treat Equally Spending And Taxes And To Stop Damaging Tax Hikes. Congress has unfairly stacked the deck to spend more and raise taxes. If a spending program is on the books, budgets assume that it is on the books forever – and continues to grow – even if the law says it expires. If low taxes are on the books, budgets don't assume that they last forever. When they expire, those taxes are automatically raised.

Reforming Entitlement Programs For The 21st Century:

John McCain Will Reform Social Security. He will fight to save the future of Social Security while meeting our obligations to the retirees of today and the future without raising taxes. John McCain supports supplementing the current Social Security system with personal accounts – but not as a substitute for addressing benefit promises that cannot be kept. He will reach across the aisle, but if the Democrats do not act, he will. John McCain will not leave office without fixing the problems that threatens our future prosperity.

John McCain Will Act To Control Medicare Growth. The growth of spending on Medicare threatens our fiscal future. John McCain has proposed comprehensive health care reforms that will reduce the growth in Medicare spending, protect seniors against rising Medicare premium payments, and preserve the advancements in medical science central to providing quality care.

John McCain Believes That We Should Not Subsidize The Prescription Drugs Of America’s Most Affluent Individuals. He will propose reforms to reduce the large subsidies in the Medicare drug program.

Promoting Trade and Competitiveness

John McCain Will Lower Barriers To Trade. Ninety-five percent of the world's customers lie outside our borders and we need to be at the table when the rules for access to those markets are written. To do so, the U.S. should engage in multilateral, regional and bilateral efforts to reduce barriers to trade, level the global playing field and build effective enforcement of global trading rules. These steps would also strengthen the U.S. dollar and help to control the rising cost of living that hurts our families.

John McCain Will Act To Make American Workers More Competitive. We must prepare the next generation of workers by making American education worthy of the promise we make to our children and ourselves. We must be a nation committed to competitiveness and opportunity. We must fight for the ability of all students to have access to any school of demonstrated excellence. We must place parents and children at the center of the education process, empowering parents by greatly expanding the ability of parents to choose among schools for their children.

Bolstering Job Security and Assisting Displaced Workers

Reforming The Unemployment Insurance (UI) System:

John McCain Believes We Should Have A Single, Seamless Approach To Job Transition Assistance. The UI system must be more effective in helping those who have lost a job. John McCain will modernize and transform our current programs by consolidating redundant federal programs, strengthening community colleges and technical training and giving displaced workers more choices to find their way back to productive and prosperous lives.

John McCain Will Reform The UI System So That A Portion Of Each Worker's Unemployment Insurance Tax Is Deposited Into A Lost Earnings Buffer Account (LEB). If an individual becomes unemployed, the LEB may be used to cover needed expenses, with a backstop of traditional UI if the account is exhausted before 26 weeks. Workers will have an incentive to preserve their LEB by getting back to work quickly, and may be eligible for a re-employment bonus if they get a new job quickly. The LEB will be portable, and upon retirement, the property of the worker.

John McCain Will Reform Training Programs To Provide Quick Assistance To Workers Seeking New Skills. Workers will have access to a flexible training account that permits them to pay for training at a community college and use leftover funds to keep their health insurance.

John McCain Will Provide Special, Targeted Assistance For Older Workers. Because training is often inefficient for older workers, those 55 years of age and older who have built up an LEB will be eligible for a Lost Earnings Supplement. The supplement of up to 50 percent of their earnings loss (up to a maximum of $10,000) for two years will be rewarded for those who find work inside 26 weeks.

Since: Aug 22, 2006
Posted on: July 15, 2008 5:00 pm

McCain in 08

Why John McCain

John McCain is an experienced conservative leader in the tradition of Abraham Lincoln, Theodore Roosevelt, and Ronald Reagan. He is a common sense conservative who believes in a strong national defense, a smaller, more accountable government, economic growth and opportunity, the dignity of life and traditional values.

Election 2008: What's at Stake?

America Faces a Dangerous, Relentless Enemy in the War Against Islamic Extremists - We face an enemy that has repeatedly attacked us and remains committed to killing Americans and the destruction of our values. This election is about who is best prepared to lead and defend our nation and its global allies as Commander-in-Chief from day one. This election is about making sure we have the experienced leadership to guide us to victory in this war, protect the nation against future terrorist attacks, and support our troops and first responders who are on the frontlines of the war. This election will decide whether we choose to fight or announce surrender. It will decide whether we have a president who dangerously weakens U.S. security or strengthens it; whether we will flinch and retreat or fully engage the enemy on multiple fronts. We need decisive leadership with the vision and experience to guide our country and the world through this challenge. Having a courageous Commander-in-Chief who is willing to lead us in this war, rally our democratic allies and defeat our enemy to secure a broader peace is what's at stake in this election.

America is at an Economic Crossroads - Government spending is out of control. A Democrat elected President will join hands with a tax-and-spend Democratic Congress and subject Americans to enormous tax increases. Even now, the tax code is too complex and too burdensome. Social Security, Medicare and Medicaid - the government's promises to seniors and those in need - must be modernized. Too many American workers are unprepared by non-performing schools and shackled by outdated government employment assistance programs. America needs experienced leadership to guide the U.S. economy to greater prosperity, control government spending, keep taxes low, save Social Security and protect the American worker. Americans want a leader willing to offer straight talk and make the hard calls necessary to ensure a brighter future for our children and grandchildren. The long-term strength of our economy and financial stability of American households are what's at stake in this election.

Americans have Lost Faith and Trust in their Government - Americans have lost trust that their government and its elected officials will serve the Nation's interest and not their own. Special interests have too much influence in Washington. Americans want a courageous leader who will stand up to the trial lawyers and labor bosses and other special interests, govern by principle rather than political expedience, keep their promises, and solve problems instead of leaving them for our children. Restoring Americans' confidence in their government is what's at stake in this election.

Americans Want Judges who will Strictly Interpret the Law and not Legislate from the Bench - The next president will appoint many federal judges and perhaps even a Supreme Court justice. The recent victory on partial birth abortion is an example of how important the Supreme Court is in protecting our values and interpreting the law as it is written. America needs a president who will provide strong moral leadership. A Democrat president will appoint judges who make law with disregard for the will of the people, but to the cheers of those advancing a liberal social agenda. America needs a leader who recognizes that that the people and states should decide what's best, not the courts. The future of the U.S. Supreme Court is what's at stake in this election.

What are the Bold Solutions?

Winning the War Against Islamic Extremists. Radical Islamic extremists are a relentless threat to America, its citizens, and the values we share. In the words of the al Qaeda leadership, Iraq is the central battleground of this war. We face a fork in the road. John McCain will pursue our opportunity for victory in Iraq, strengthen our hand in the larger war against Islamic extremists, and make our nation more secure. Democrats will fold our tents, embolden our enemies, throw the region into instability, and increase the risks faced on our home soil. To concede defeat now would strengthen al Qaeda, empower Iran and other hostile powers in the Middle East, unleash a full scale civil war in Iraq that could lead to genocide, and destabilize the entire region as neighboring powers come to the aid of their favored factions. John McCain is best prepared to lead and defend our nation and its global allies as Commander-in-Chief from day one. He has the experience and leadership to defeat our enemy and secure a broader peace.

Reforming Health Care for All Americans. Real reform will put families in the driver's seat of our health care system. The road to reform does not lead through Washington and a hugely expensive, bureaucratic, government-controlled system. John McCain will harness competition to offer more affordable insurance options for as many Americans as possible, leveraging the innovation and cost-effectiveness of our nation's firms to put an end to existing rigid, unfriendly bureaucracies. He will build a national market where insurance is more available, portable, and accessible across state lines; in which patients' rights are respected and their information is under their control; and one in which people may save more in tax-exempt Health Savings Accounts. He will assist those who need help in getting private insurance.

John McCain will provide incentives for a national market - including the reimportation of pharmaceuticals - that offer greater transparency about effective patient care, options for preventative care and therapies, and prices so that competition makes it easier for families to navigate toward quality and low cost. He will demand reform to medical malpractice laws to curb abusive lawsuits that squeeze doctors, prevent innovation, and drive up the cost of health care. We need more transparency of prices and quality measures so that patients can make informed choices.

Reforming Government. Americans have lost trust that their government and its elected officials will serve the Nation's interest and not their own. Special interests have too much influence in Washington. John McCain will bring spending under control, veto wasteful, pork-barrel spending bills every time, and keep taxes low. He will reform a tax code that is too complex and too burdensome. John McCain will modernize Social Security, Medicare and Medicaid. He will bring accountability, choice and competition to underperforming schools, so our children are equipped to take the best jobs of the 21st century. John McCain is the only leader willing to make the hard calls necessary to restore faith in our government and build a brighter future for our children and grandchildren. <center>

John McCain...Courageous Service, Experienced Leadership, Bold Solutions.

Since: Aug 22, 2006
Posted on: July 15, 2008 4:58 pm

McCain in 08

About John McCain

Ready From Day One 

John McCain has a remarkable record of leadership and experience that embodies his unwavering lifetime commitment to service. First elected to the U.S. House of Representatives from Arizona in 1982, John has led the fight for reforming Washington, eliminating wasteful government spending, and strengthening our nation's armed forces.

John McCain's reform agenda to reduce federal spending and lower taxes quickly elevated him to statewide office and he was elected to the United States Senate in 1986, after serving two terms in the U.S. House. 

In the Senate, John continued to demand that Congress put an end to loopholes for special interests and fix the broken system in Washington that too often allows lobbyists to write legislation and members of Congress to waste taxpayer money. In November 2004, Senator McCain was overwhelmingly reelected with nearly 77 percent of the vote.

As the son and grandson of distinguished Navy admirals, John McCain deeply values duty, honor and service of country. John attended college at the United States Naval Academy, and launched a 22-year career as a naval aviator upon his graduation. He continued the McCain tradition of service to country passed down to him from his father and grandfather when he asked to serve in the Vietnam War. 

On July 29 1967, John narrowly survived the first of many near-death experiences during his lifetime while preparing to take off on a bombing mission over North Vietnam from his ship, the USS Forrestal. A missile accidentally fired from a nearby plane struck the fuel tanks on John's plane and created a deadly inferno aboard the ship. John barely escaped the fiery disaster that killed 134 men, injured hundreds more and destroyed 20 planes.

Instead of taking the option to return home after the Forrestal disaster, Senator McCain volunteered for more combat duty - a fateful decision that stopped the clock on his life and separated him from his family, and country, for five and a half years.

During his 23rd bombing mission on October 26, 1967, a missile struck John's plane and forced him to eject, knocking him unconscious and breaking both his arms and his leg. John was then taken as a prisoner of war into the now infamous "Hanoi Hilton," where he was denied necessary medical treatment and often beaten by the North Vietnamese. John spent much of his time as a prisoner of war in solitary confinement, aided by his faith and the friendships of his fellow POWs. When he was finally released and able to return home years later, John continued his service by regaining his naval flight status.

Senator McCain's last Navy duty assignment was to serve as the naval liaison to the United States Senate. John retired from the Navy in 1981. His naval honors include the Silver Star, Bronze Star, Legion of Merit, Purple Heart, and the Distinguished Flying Cross.

Senator McCain has seven children and four grandchildren, and currently lives in Phoenix, Arizona with his wife Cindy.

Since: Aug 22, 2006
Posted on: July 15, 2008 4:56 pm
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Since: Apr 7, 2007
Posted on: July 6, 2008 6:40 pm
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