Watch McCain discuss the stimulus bill on American Morning Monday.
WASHINGTON (CNN) - Sen. John McCain says he'd vote against the bill backed by President Obama to pump up the economy.
The former GOP presidential nominee said Monday on CNN's "American Morning" that he's working with a group of fellow Republican senators to come up with an alternative package that emphasizes payroll tax cuts, incentives for people to stay in their homes, and an end to the stimulus spending when the economy begins to recover.
Related: Senators work for bipartisan support on stimulus
The Senate is expected to begin debate Monday on a nearly $900 billion stimulus plan. An $819 billion dollar version of the bill passed the House of Representatives last week without a single Republican vote. All 177 GOP House members voted against the legislation, saying it was too heavy on spending and too thin on tax cuts.
McCain's hungry for more tax cuts in the bill, saying "we would like too to see more incentives such as a $15,000 tax credit for home ownership. We would like to see elimination of these policy changes which have nothing to do with jobs, we want the stimulus package to focus on jobs."
And McCain says that some provisions in the current bill, crafted by Congressional Democrats, need to go, adding that "many of the policy changes they put in have nothing to do with stimulating the economy."
The senator from Arizona also called for serious negations with the Democrats who run the Senate, saying that '"we are clearly prepared to sit down, discuss, negotiate, a try to get a stimulus package that will create jobs. We all know how tough the economy is. It's been rammed through the Senate so far, we need to seriously negotiate. We haven't done that yet. We can do it, though."
More: McCain says Democrats need to 'seriously negotiate'
Obie needs to dump out all tax cuts and shift these major funds over to infrastructure. The elephants lost and they get 440 billion dollars worth of tax cuts for Donald Trump? I dont get it!!! WE need to revive the economy NOT give welfare check to Donald Trumpl
8 years of tax cuts and now we are near a depression….
the repubs of course want more of the same…. we will sink further into a depression
ECONOMISTS SAY TAX CUTS DO NOT STIMULATE THE ECONOMY.. THEY JUST GET THE RICH RICHER… WHAT MORE EVIDENCE DO YOU NEED. JUST LOOK AT THE COUNTRY TODAY.
THIS STATMENT NEEDED TO BE REPEATED. WE DON'T NEED MORE TAX CUTS THEY DON'T WORK!
There is a reason why McCain isn't called "Mr. President"!
In answer to 'DImwits' when he says concerning the Democrats 'winning' Political party......................
"I don't need to be good, I just need to look good."
Well Sir. You picked Sarah Palin & John McCain, and therefore your comment just underscores just how stupid you and the rest of the Republicans are.............................
I rest my case.
All I can say is I'm tired of my hard earned money (more every year) being taken from me and my family and given to lazy, inmoral, people who don't pay a dime into the system. I don't know who to trust anymore. It just makes me sick. God help us all.
Could we put aside the Democrat/Republican, we won/you lost rhetoric long enough to determine if this stimulus package is really just that? We can sit around and put the blame where we want, but in the end we have to get out of this mess. One party did not get us here and one party won't get us out. I've got three sons that deserve better than what my generation has planted for them. It's everybody's fault we're here and everybody's responsibility to get it fixed. Have a great day America!!!
It seems to me that some of the haters have been reading the right-wing nutjob chain emails instead of the news. I used to respect John McCain, but lately I question his grasp of the facts.
How do payroll tax cuts help if you're unemployed?
How do homeowners' tax credits help if you've already lost your home to foreclosure?
How do we know when the economy is starting to recover? When the top 10% of income-earners start to make obscene amounts of money again, or when everyone who wants to work to support themselves is able to do so?
Name-calling and nitpicking don't answer these questions. Actual good-faith negotiating might.
Anyone expected anything else? This is all he has to say: no no no no no
Republicans think that they are still running the show........look they are the ones who were spending money like there was no tomorrow? Look at the deficit Bush put us in, spend spend spend and they accuse the democrats of being big spenders.........Just a pack of liers filled with hate and anger and they think they are the moral christians with all the values and the rest of us are all (what was it Palin called it) non american..........
Now the conservative Republicans want to be fiscally responsible when for eight years they gave George W. the green light to spend this country into this recession. Do you think we are all stupid? This grandstanding will not save your hides in the next election cycle. People now see you as standing in the way of progress that will stimulate the economy.
"Mike from Florida February 2nd, 2009 10:51 am ET
Ram it down the republican throats and ask if they want more."
Gee Mike, I'm glad to see they finally got internet service in your trailer park. Progress. Sometimes it's not all it's cracked up to be.
ted – please take your meds. Your statement is very wrong.
Give America a break McCain...let Pres.Obama do his JOB and you, well you just sign on the dotted line... Please!
What a joke he is!
Yes, of course he would. He votes against anything thats good for the people of the country and only supports big business. Just like all Republicans.
He needs to accept that they aren't in power anymore, get over it, and actually start representing the people like he's claiming to do.
If there is one thing that John McCain showed the American people during the election, it was that he knew almost nothing about the economy. Why would anyone care about anything he has to say about economics now?
KEEP LIKE THIS AND NO ONO WILL VOTE FOR YOU IN 2012.
No the Dems and Obama don't have to negotiate or change a thing. You lost you old fart. Also, don't you remember how you were so for WiFi and high speed internet? On April 23rd 2008 you said, on video, it was good for US commerce. Now you recently said it was pork. Which is it? Just be quiet. Your guy Bush did not care what other people thought he just did it. Why can't the Dems do it as well?
So far McCain has voted NO on every bill this year. Everyone! So has Kyl and Vitter. What does that say about McCain? He is a phoney liar.
But we all new that already.
This comment is waiting moderation, that I am sure of.
" ...you would know that the Republicans offered some great ideas, only to be brushed aside by the oh-so-bipartisan Democrats. ...
Where were their "great ideas" when they were running for office? When they were running the Country?
I remember Democrats physically locked out of GOP meetings: I remember "the nuclear option and the GOP threats to use it"
The GOP had their chance to prove their theories: The result is a deepening recession and the highest unemployment rate in decades.
The GOP just keeps presenting their failed policies – not a good ideas then – or now.