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 liken our economy to a complex piece of machinery whose wheels depend on millions of tiny gears that have been shut down. If money is spent on the (big) wheels and the gears are not fixed, the wheels will spin but for a limited time only and then have to be pushed again and again etc. etc.
This stimulus package should address the root causes of our economic ills. It needs to jumpstart programs that will stimulate the economy from the bottom up.. not the top down. Primarily in the way of job creation so people can start spending and consuming goods and services, (this will generate new tax revenue). Tax incentives should reward entities that create more jobs. We also need to renegotiate trade agreements so we can stay competitive without giving away our goods and services. There should be zero tolerance for Partisan agendas and self serving pork and that goes for both parties. There is too much at stake.
So much for bipartisanship – McSame is still same old, same old. At least this time he doesn't have to "fly back and work on it."
Move forward. Roll right over them and let's get something DONE!
How is it that McCain and company have all the answers now? Where have they been the last 8 years? Seems they are taking their directions from a drug addict. I'm still waiting for him to tell us how to capture Bin Laden.
I am glad thses BOZOs are not incharge..... McCain is against the stimulus package-- Is it a Surprize???
Who needs the Repubs? After they screwed up USA and the World.......
Obama promised that seniors making less than $50k would not have to pay taxes. What happened to that promise?
What are you Republicans waiting for? People are out of work, many have now ran out of unemployment benifits, where do they go now? This is why we read about people so scared, don't know how they are going to feed their kids, or keep their homes, can't find jobs so they kill their families and then themselves............this messed up economy started with the Bush administration and it will continue to be on the hands of all Republicans if you don't start trying to work together with the Democrats and stop your stalling, for everyday you stall you put more people out of work, and more people are losing their homes because of you.........so get with the program or get the heck out of your office and let someone else come in that will do your job better than you are doing .........
The real problem in the United States of America is nearly all employees in every occupation are NOT being paid enough by greedy C.E.O.'s. Not only large corporations but the smaller "Mom & Pop" businesses are guilty of this too. It literally has reached the point in this country where employees of C.E.O. "A" cannot afford the products of C.E.O. "B" and vice versa. Meanwhile C.E.O.'s are enjoying extremely lavish lifestyles at the expense their employees low salaries (NO, a 2 or 4 percent cost of living raise doesn't work)!! Screw all the stimulus package garbage. A PROSPERITY LAW is ultimately needed, requiring business owners at all levels to pay a fair percent of profits to ALL of their employees. Until this happens America will continue to go down!
McShame said he'd keep voting to spend money to occupy Iraq for 100 years. But he won't vote for money to rebuild America.
This is why Republicanism should be regarded as a communicable disease. Its a public health hazard.
McCain, YOU should have voted AGAINST the Bush Paulson bailout as well.
Ok people, I guess you forgot that the stock market hit an all-time high just 2 years ago (while Bush was in office). Tax cuts do work. The market has only dropped since Dems took control of congress. Bet ya didn't know that.
THE FUNDIMENTAL OF THE STIMULUS PLANS ARE NOT STRONG...LOL WHY NOT??? BECAUSE THEY ARE THE OBAMA AND DEMOCRATS IDEAS??? I BELIEVE YOU MAN.
MCSURGE AND THE REPUBLICAN WITH THE DUMMY THEY SUPPORTED ARE THE ONES WHO GOT US INTO THIS MESS. AND NOW YOU WANT A VOICE TO HELP GET US OUT..
YOU MUST BE JOKING...
For those that still believe the "Birth control" or money for the "National Endowment for the Arts" are still part of the stimulus – just stop. That was taken out through compromise with the Repubs and they still did not vote for it. Repubs like McCain don't won't to help Americans, they want to remain relevant and in so becoming irrelavent.
So, let me get this straight – if Little Black Sambo says its so, then let's all cowtow, bow our heads, and say its so and monkey see, monkey do? RIGHT!
To Mr. G about Robin's post , Where do you see Racist comments ? I think you sir are a sorry human being . Inject racism into everything that you don't agree with. That sir show's you where one of the Obama kool-aid drinkers. All about voting in a black man not about this country . Again one sorry person too have been born.
Who cares about the ELEPHANTS! For 8 eight years, they gave W a blank check and he walked away, leaving all of us, 5 trillion dollars worth of debt. All they are going to ask for is tax cuts = donating money we dont have to corporate welfare = greedy ceos offshoring jobs..... shame on all of them...
This is from the same idiot who said "The fundamentals of our economy is sound". He said it while the economy was in bad shape. What a genius.
And during the campaign Obama PROMISED to bring the parties together, to create a bi-partisan proposal. HA! This morning they replayed his interview w/ ML and his words were "the Republicans will come around". "Change we can believe in" , "bi-partisan", "reach out" HA! LIER!
We need an engaged republican party with ideas. The stimulus package should not be treated by the the democratic party is a cure all spending program. A health economy can address the health care concerns a that a staggering economy can not. Get the economy moving in order to work on health care issues. This is what bi partisan politics is all about.
I cracks me up that the people saying to just forget the gop are the same people that were voting for CHANGE.
Btw If you go and learn some history you will see that bush brought the USA out of a recession. You will also see that the economy was fine until the dems were voted into congress. Dems were in control of the house and the senate for the last two years. Lets just say that everything that caused the recession was the fault of the reps. Was it not the jobs of the dems that took over to fix the problems before a recession happened.
Things in this country will never be well again until people take responsibility. I know that 50% of this is the fault of the GOP but the other half rests squarely on the shoulders of the dem party.
So, McCain is still fighting for tax cuts in spite of the effect that tax cuts have on the budget deficits and the national debt. But he is against spending because he said the spending in the stimulus bill is permanent. With billions of dollars given away to the banks in the bailout package, which produced billions of dollars of bonuses for Wall Street but no signs of a stimulation of lending from banks, why are the Republicans still asking for more tax cuts?
I'm not a McCain fan, but, if he can halt the madness, I'm all for it. The idea of borrowing money to fix the too much debt problem is crazy. Plus, if you look at the stimulus, more spending is aimed at installing or expanding socialist programs rather than get the economy going. At least the democrats could split their socialist programs into a separate bill, so Americans understand the split. Unfortunately, the republicans will probably make the bill worse by adding to it, not cutting out the junk.
It's funny how John McCain put his campain on hold to run back to Washington DC to support the TARP plan for the financial crisis, but when it comes to the "little people" he is dragging his feet. But what does he care? The man does not get it!!! He is to weathly to know what it is like to live on a very tiny budget!! Shame on him, thank goodness he was not elected!!!
You would think that our vote of no confidence in republicans, would give them some reflection and pinch humility – I guess not. It doesn't look like they appreciate the gesture from Obama to come and work together, rather they will not rest till they get their way. It's sad – how out of touch must you be to see the fruits of last 8 years and still push your agenda.
This is a chance to unite us as Americans, and the only way to do that is by doing what right for the people not special interest groups. It seems that pragmatism and common sense is not familiar to republicans.
sometimes you just have to let go...it's sad mcsame hasn't.
what a poor pathetic old man?!!!!...
"Robin February 2nd, 2009 10:43 am ET
This is going to create a debt so large our great-great-grandchildren will be footing the bill.
Vote for hope. But hope does not keep America employed or in their homes. For all you "kool-aid" drinkers out there who support this bill, please tell me what it is you think will work for our economy? . . . . . . . "
The only kool aid drinkers are you, Robin, and the other Limbaughbinites; Hannitites, and Coultergeits Ask Rush, don't ask us. messiah Rush is your leader, remember?
Just take the few dollars you earn and move to Limbaughtown, USA. There are lots to accommodate single and double-wides; even RVs are welcome. I'm sure you will be real happy.