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'
I love how people are complaining about the tax cut idea as a way for CEOs to put more money in their pockets. For this to be true that would mean that their company would be making more money for them to put away. While people think this is a bad idea they believe a better idea is to just give these companies money to begin with? And not all companies, but mainly the companies that have lost money. So let me get this straight, people think the best idea to get the economy going is to give away money to the worst run companies, with no oversight on how that money is spent? Yeah the Republicans are the idoits.
Ram it down the republican throats and ask if they want more. The republicans have ruined this country with out of control govt expansion and spending. They have no political capital left and are soon going to be marginalized. Don't consult them and don't include them in the process; they are criminals and closet homosexual deviants anyway.
So vote against it already. No one in their right mind would expect anything positive or forward thinking from this old self compromised fool.
to Robin IF BY SAYING "kool aide drinkers you are referring to the poor and minorities you are one racist SOB
McCain's against it? There's an endorsement if ever I heard one.
I have a question, I read all the blogs and see everyones views, hearing on the news about GOP Steele advising his party not to vote on Obama's stimulas plan. The President wants to have green jobs and no Drill baby drill. The Republicans who got us in this mess. Deregulating everything. Wise up people if you have any ideas e-mail, call or even travel to D.C. and sit in front of your congressperson and express your views.
Everystate has shovel ready projects, now it is a new era and we need to give support!
I'm confused; which party won the election? Which party has a majority? Why should the Democrats negotiate? Let the Republicans withhold they're support. Then people will see it for what it really is - political grandstanding.
This, from the man that picked Sarah Palin.Go take your meds John,you lost,lost and lost.I feel bad for the little teeny boppers who dont have their hero "Rushbo" this week,so they can get their daily talking points.Take heart his sitin is just as stupid.
Tax cuts for businesses = more trickle-down fairy tales
Until we can manufacture competitively our economy will continue to fail. You self righteous Dems will soon find out that you can’t help the “little guy” by punishing the hand that feeds them. The Dems will run more business out of the US. Heck the Dems opened up free trade with China in the first place.
McCain says he'd vote against current stimulus bill and that is why he is not the President! McCain and his fellow Republicans did not get the message in November! We the people need to rid our Congress of those Republicans who did not understand the message! Remember them when their terms are up! John McCain needs to go hide under a rock in Arizona. He will never be President and a lot of those remaining Republican's will be out in 2010. Policies of the Republican Party have put this Country in a deep hole and all they can do is try to cover their failures up! Smell's pretty bad to me!!!
Hey folks you better pay attention here – the Dems had the congress over the last two years and the Repubs talked us all into war after 911 (we were hurting then). Both sides have let us down. Yes we all need to let our gov. spend some money but on what? This is the debate we must have. We may not get another try at this. Look back in history – Hongkong cut their taxes and the country boomed. Japan spent billions on capital projects over ten years and finally gave up. It did not work. Do we want a socialistic form of government or can we keep our precious republic. We have more freedoms and opportunities than any place on earth. I fear we will be known as the generation that dumbed down and gave it all away. Get informed then get involved.
"Sen. John McCain says he'd vote against the bill backed by President Obama to pump up the economy". Another lie from the Republicans. McCain knows that Obama did NOT draft the House Bill and has NOT supported the Bill in any way as yet. Obama will approve or disapprove of the final Bill when it hits he desk AFTER the Senate and House negotiate the final Bill. Stop lying Senator it does not 'become' you. We all had enough GOP lies during the campaign and America told you so on election day!
I just think it's sad that the republicans would really sit on this for so long when people are in dire need....I guess they are saying screw America as long as we hold out against the Democrats. A bunch of selfish losers.
McCain said: "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 just what jobs does that $15,000 tax credit open up??? Professional tax cutter? Maverick? Sarah Palin's soul mate?
Republicans like McCain are beginning to feel that because Obama encourages bipartisanship, it is a political weakness they may exploit to undermine his programs. But if they think that Obama and the Democrats cannot do without them, they haven't seen nothing yet. The hypocrisy of people like McCain, the very man who hastily left his campaign to rush to Washington in order to find quick-fix soultions to the banking crisis that doled out 700 billion dollars to corrupt bankers and insurance companies is stalling when Obama wants to bailout ordinary citizens. So dear John, we must agree to disagree on this one. The people are on Obama's side.
I was certain that President Obama would, at the very least, promote actual change in Washington. The stimulus package is nothing more than a “pork” laden basket of “goodies” for special interests, unions and government workers.
Concentrate on funding to correct mortgages, end federal taxing of unemployment, personal credit reform, tax incentives to strengthen business and financial intuitions.
Until then, your ides of “change” is little more than a reworking of the same lousy attitude that your predecessor engaged in.
ALL STYLE AND NO SUBSTANCE IS NOT GETTING THE ECONOMY MOVING, WHAAAAAT. THE AMOUNT OF MONEY IS SCARING EVERYONE BUT BROTHER BARACK. HE BETTER GET DOWN TO BUSINESS AND QUIT SAYING IT WAS BUSH'S FAULT. ALSO ALL THESE TALKING HEADS COVERING FOR PRES. OBAMA, NEED TO GET REAL HE IS A POLITICIAN NOT ANYTHING MORE. I'LL STICK WITH HIM FOR NOW BUT I'M A FISCALLY CONSERVATIVE DEMOCRAT NOT A LIBERAL.
Go ahead and vote against. You are a loser and you are wrong again. Learn how to deal with it.
What confuses me is that, given the economy the way it is, the President decides to push through a bill in the first days of his term. Shouldn't a bill this improtant be more thought out?
People are opposed to this bill because there is much in it that will not create jobs.
Can anyone tell me the purpose of the spending on infrestructure? Fixing bridges and roads make sence, but spending money to fix something that isn't broken, just to give someone a job is very wasteful.
Also, how is paying for contraception for low income families going to stimulate the economy? Or paying to educate people on STD's? If you dont know what's out there then that is not my problem to pay for someone to teach you.
Has anyone thought if any of these jobs that will be created will be long term and sustainable? To me it looks like most of what will be created will be short term and that is really just putting a band-aid on the situation.
If the stimulus works, the dems will take all the credit as usual and if it fails they will as usual blame the republicians as they always do. So why vote for it as it is now written. Then the dems have no one to blame BUT themselves. Nothing has changed in Washington!! If the American people want something done right, they have to do it themselves. Don't depend on the government.
THE DEMOCRATS WON THE ELECTION.
THE REPUBLICANS GOT US INTO THIS MESS IN THE FIRST PLACE.
IT SEEMS SIMPLE TO ME. THE DEMOCRATS WERE ELECTED BY THE AMERICAN PEOPLE TO GET A JOB DONE. ITS TIME FOR THEM TO STEP UP AND GET THAT JOB DONE. REPUBLICANS HAVE FAILED EVERY ONE OF US......
"Carl R February 2nd, 2009 10:20 am ET
McCain $15,000 credit for home ownership? FABULOUS REPUBLICAN MAGIC At 7 homes that is $105,000! It is no wonder the rich are mostly Republican! "
Obviously you've never done your taxes, because anyone who does would know that McCain would never get this credit because he'd be phased out.
This is the type of made-up nonsense you choose to purport instead of actually looking at what is in this bill. Even the democrats know this is pork and spending. Maybe you should read the thing as ask yourself, "Does this put money into the hands of those who need it? Does this save or create a job?" Those are the real questions. Who cares what McCain pays on taxes? Clearly no one seems to care if anyone else on capital hill pays their taxes.
Nobody said getting out of this GOP mess would be easy or cheap. Fact is we are here because McCain voted 92% of the time with bush. Of course he'll vote against correcting the problem. Why would he and the GOP want to be exposed for their complessity?
TAX CUTS DON'T FIX ANYTHING!!!!!!!!