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'
Mcgain will not support obama no matter what he does . he's a very poor looser . Mcgain should retire . he's to old and he will try to cause problems for obama . Mc thinks he's still going to rule . say not . go home MCGAIN AND SIT AND SIP COFFEE
Borrowing money = creating more debt .
So the leason for 2009IS as follows.
Stimulus = pay back to your democrat buddies
You tell the morans because somebody needs to tell them.
Repubs are starting to sound like a "One Trick Pony". Tax cuts, tax cuts – that seems to be all they can talk about. Unfortunately tax cuts don't help people that don't have a job. Didn't we already try tax cuts under Bush? Gee, THAT worked out well. At least McCain did put forth a couple of new ideas – incentives for people to stay in their homes, and an end to the stimulus spending – so I guess there is room for compromise.
Obama is just hitting his head against the wall trying to get any support from Rush Limbaugh's party members as they don't know anything other than to continue with the same policies that got America to where it is today.
Perhaps what Obama needs to do is start over and allocate monies for each Congressional district for specific programs in them and only carry through with doling out the funds to those areas that accept the monetary package.
It's time to steam roll over the idiots and smash them into obscurity like they deserve.
Yeah John, this is the reason you lost the election...You are NOT a leader!!!!!
You mean no news. McCain ran on his economic platform and got beat bad.
The party of obstruction instead of cooperation.
McCain is an angry old man...
Too bad for him that he lost overwhelmingly to Obama and that his party is far in the minority.
He has the right idea. Unfortunately the left wing hacks that hang out on this page will crucify him like they did Sarah Palin's new born grandchild.
If he spoke this way during his campaign we may not have this socialist fool in office atm.
You lost with your bankrupt ideas, taxcuts, taxcuts and taxcuts is the only solution for republicans. He won and has a mandate to fix the economy, get with the program, OK.
More tax breaks for the wealthy, ehh John ?
McCain is a sore loser, who now cannot stand the thought of bi-partisan work. It is amazing that he would "suspend" his campaign back in October, to rush back to Washington in order to get a stimulus package pushed through the senate, which as it turns out mainly went to pay bonuses and help greedy banks. Now that there is a plan put forth to actually create jobs and build the infrastructure of the country and the economy, he wants nothing to do with it. He should step down from his senate position as a matter of integrity. At this point, he is just taking up space on the senate floor and in the media.
If the Republicans think this is the way to win back some credentials, they are sadly mistaken.
So much for changing Washington, and working together.
Such a pathetic state of affairs.
Hang in their Republicans. Don't let the Dems run any more entitlement programs down our throats.
Gosh, I wish he had won.
McCain is not the mouthpiece of the Republican Party anymore. He knows now he cannot win reelection but he keeps putting his face out there. He should and is being ignored.
McCain better not vote yes on this "stimulus". The bill is chock full of pork!
Just shows how bad the stimulus bill has become. Too much wasteful pork.
$15,000 tax credit? My tax liability was $2k this year, and I OWN a home. Who makes so much that a $15k credit WOULDN'T eliminate taxes altogether?
No matter what you do McCain it still won't make you president.....
I remember last time when Bush was in office, for bailout wall street McCain was first in line, suspended campaign and voted for it. But this time when Obama want to spend money on infrastructre and other for American people this man is against. I dont understand, looks like he makes wrong decision in everthing. from Palin to bailout.
his ideas also may not work....
Job creation is the highest priority. Tax cut won't help much.
What's wrong on spending in areas such as Arts, Healthcare, etc.?
Jobs come from many sectors....
Of Course you would Johnny boy since you are responsible for the NON-REGULATION of the financial banks..... YOU allowed these idiots to run amuck and SPEND, SPEND, SPEND our country into the toilets. You voted against regulation WALL STREET, so it only makes sense that the Republican leadership is GOOD at CREATING a MESS, but doesn't have the first clue in implementing any plans on cleaning up their own poop!!!
WHY wouldn't YOU vote any other way you fumbling old man!!!
Of course he will vote against it. Just like he voted 99% of the time with Bush. That is his behavior. He tries to paint himself as a maverick when in reality he is a maverick in a chameleon suit, he votes as the wind changes if it is in his best interest. I am so glad he is not our president. It would be more tax cuts for the corporations and the wealthy and the rest of the country can go to hell.... Tax cuts are a continuation of the Bush regime. Trickle down didn't work with Reagan and it didn't work with Bush so why continue with something that constantly fails. Oh, I forgot, McCain is one of those wealthy individuals (his wife is) and he will do their (her) bidding. How many houses does he (she) own?