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'
So what does McCain and the Repubs propose we do. I hear alot of comaplints and not alot of solutions....... Who cares how Mccain will vote.... he along with his comrades didn't think we were in a recession, stated the economy was financially sound.. nwo that the whole world is in crisis they are still going along with these stupid party line politics.................... REPUBS BE APART OF THE SOLUTION FOR ONCE!
noone cares what this loser does
GOP = Grumpy Old Patriarchs
Poor John McCain,
Acting like a child who didn't get what he wanted. He has gone back on HIS promise to support the new president. Give Obama a chance. Sure, there are a few items in this stimulus package that need revised, however – your actions speak much louder than your words. The republicans had 8 years to save/make money and now you want more tax breaks for those like you. You money mongers are pathetic.
Seriously, grow up McCain and stop acting like a whining 3 year old.
i hate to break it to everyone but only the government has the money and will to get us out of this and frankly i hate to be the one to say this but the republicans ideas of tax cuts now is too little too late with the current worry in the economy the problem is those tax cuts need to be spent and won't be.
The heck?? So in other words, he's publicly saying that the repub's are not gonna support Obama's plan no matter what it is. They'll only support it if it mimics the republican plan. Which was decided by the AMERICAN CITIZEN's to be inadequate/unwanted/cr*p.
Go Obama! My faith in democracy and America was restored the day you got elected. Woot woot!!
Go McCain. yes we do need relief for homeowners. I am one denied modification by Countrywide and well... they have no stats as to how many they have helped yet!! They don't want to help, can't even talk to the Work Out Dept literally. With 220,000 jobs lost in January 2009 alone in 4 months time there will be 220,000 more homes in forclosure. We are in trouble... please help where the help will be appreciated and used to stimulate the economy again. We the People.
Let's hope the Senate can come together and vote this thing DOWN. It's laden with ridiculous spending, and it stands for everything we should NOT be doing. Wanna stimulate the economy? Lower payroll taxes so employers can expand. Don't re-sod the National Mall. Don't like the idea of tax cuts, fine. But it's ridiculous to think that handing out checks to people who don't pay taxes is going to stimulate the economy. It didn't work when Bush did it. Why do you think it will work now?
Being a Democrat or a Republican isn't what's important. Both parties are advancing politcal and personal agendas and adding pork as this stimulus package moves forward. Both sides are demonstrating fiscal irresponsibility at the expense of the American Taxpayer. No real change has occured via this new administration at this point in time. It's spend beyond our means, politics as usual.
we know MC cain don't have any ideas of what is going on ,and he don't know anythings about economics.can he do that .....no no no he don't have no plan .
"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."
This is what we need to spur the economy, not handouts and checks to people that DON'T put into the FUND or wasteful socialist spending that WILL SPUR LITTLE.
If you had shown this fortitude when the FIRST lousy PORK FILLED bail out bill came about, YOU WOULD BE PRESIDENT now.
But the media allowed for uh, uh, uh Obama to do NOTHING and gain traction for DOING NOTHING or uh, uh, uh saying NOTHING.
No fan of McCain, but this is a better and FASTER idea.
@ Teresa....... IF McCain had won we would:
Continued the failed policies of Bush
We would be staying in Iraq....... costing $10 BILLION .......a month for decades!
We would still be disrespected and hated around the world.
We would have a Vice president who thinks that "I can see Russia from my house" ......although she can't and that is not Foreign Policy experience.
AND........ WORST OF ALL....... we would have continued to be a fragmented .........torn apart Country! With comments from Palin during the campaign about the "REAL AMERICA" ........ MCCAIN/PALIN WOULD HAVE DESTROYED WHAT WAS LEFT OF OUR FRAGILE UNITY!
NO...... TERESA....... I AM GRATEFUL TO GOD....... THAT WE, THE PEOPLE, SAID .......A ......LOUD ...........NO.......... TO THE POLITICS OF
Now the Republicans are concerned about spending. What a bunch of hypocrites. They along with Bush got us in this mess based on their plans of give to the rich and it will flow to everyone else. This has never happen since first introduced by Reagen another of our worst Presidents. Tax cut and give to rich is all the Republicans can come up with; that and no abortions/gay rights/far right ideologies. Enough of this as was once said "a sign of insanity was to continue doing the same thing over and over again and expecting a different result." If the Republicans are serious about doing for the country then they will work with President Obama not against him as they are doing now and if they do not get on board then I say leave them at the station.
How does a tax cut help me, an unemployed worker? I'm struggling to keep my house and the only thing that will help me is a stronger economy and the opportunity for me to get back to work.
yeah, it's interesting how, when a republican is not "destroying" the country, the democrats need to "seriously negotiate." where have they all been for the past 8 years? NOT STANDING UP FOR WHAT THEY THOUGHT WAS RIGHT, THEY WERE STANDING FOR EACHOTHER AND EACHOTHER ALONE. UNBELIEVABLE, he's obviously forgot his concession speach already. this is the same republican rehettoric.
Hang in their Republicans. Don't let the Dems run any more entitlement programs down our throats.
1. It's THERE, not THEIR.
2. We've had Bush rammed down our throats for 8 years. It's too early for you to be complaining.
3.. They're always entitlements until you're the one who needs the help.
4. You didn't win. Get over it.
didn't he lose on his economic ideas ?
We tried it your way for eight years and it did not work, and now look at the mess that we are in. We elected someone fresh with different ideas, lets give his ideas a chance. You and Bush's policies have brought our country to its knees.
To Teresa! Hey what was McCain economic plan doing the election? Matter of fact Sarah Palin had no economic plan either. To wish your party would have won would have been tragic in the worst way. Some posters just don't make any sense. All of a sudden the Rupubs have the solution to the economy but where were these ideas doing election time?
Typical Republican answers. They think tax cuts stimulate the economy??? Tax cuts = less Gov't money= more Gov't borrowing. Majority of economists agree that tax cuts during recessions do not work
Mac is just bitter about being a loser in both the election and the Super Bowl.
I am sure negotiations are going to stall because the republicans calling for tax cuts is not an innovative package. It is more of the republican party's IDEOLOGICAL theory and therefore not any new ideas.
This does not mean I agree with all the spendings identified in the Obama stimulus package either. Therefore McCain should be more realistic and move from party ideologies and propose better alternatives than TAX CUTS.
If President Obama is former residen Bush he would have support the bill, this many is blind because he has been surpporting the bill that has make people poor but now he can't support bill that will keep people back to work. I just hate republican mentality.
go home McBrain
I love this idea, don't let the dems spend our hard earned money on THEIR PET PROJECTS