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'
Oh no, you can't have it both ways. I think it's time for the Dems to start discussing a nuclear option, just like the Reps did when they were in charge.
Let's face it! It is all about the rich and big business. If you are out of a job you don't pay taxes. It is ok to help banks and other stuff but you could care less about the people who have lost so much.
Mccain will continue to work against PRESIDENT Obama. Hes a selfish old crank that has a temper that is a joke. Hes a jerk. Its funny though, 12 MILLION more people voted against his economic plan, and he still thinks he is right. Hes just bitter...
So what. John McCain's opinions on the economy was a huge contributing factor to him losing the election. Are we supposed to listen to him now? He still thinks we basically have a strong economy, that is why he is sticking to the only thing that Republicans can talk about – cutting taxes.
These republicans just don't want to play ball. If it wasn't their idea, it must be a bad idea. More tax cuts? Wish they could explain to me how the last round of tax cuts.....for the wealthy, stimulated the economy.
Probably because he thinks that the "fundamentals of the economy are strong."
Only TWO things should be in the stimulus package – 1) create jobs, 2) solve the housing crisis - NOW - NOT 3-5 years from now. And then, YES
The bill needs work – all the "non-stimulus" stuff needs to be removed.
McCain is a loser!!! Plain and simple.
From a man who said the fundamentals of the economy were strong then 2sec later all hell broke loose........
To all the Republicans:
I'm sorry you lost the election and are feeling sore about it. But no one is going to thank you when the Dow slips another 1000 points, when we lose another 100,000 jobs this month, or when our recession becomes... well, you know. A tax cut for you and your friends is not putting any money in the pocket of my family or my State. It's not fixing the interchanges, upgrading the electricity grid, or improving the quality of my children's education.
Get off your rear ends and start DOING something. Right now you look like a bunch of whiny, overgrown schoolchildren. Also, you didn't lose the election because you "weren't conservative enough."
The Democrats promised a new bipartisan approach, but–remarkably–that didn't mean "roll over while the Republicans do whatever they want, notwithstanding the fact that the last two consecutive elections have been a referrendum on the lack of conservative trust and support in this nation, not to mention their inability to effectively manage just about every important foreign and domestic issue."
Either get with it or go away.
And suddenly McCain knows what to do concerning the economy? It was the economy that lost it for him.
Only TWO things should be in the stimulus package – 1) create jobs, 2) solve the housing crisis — NOW — NOT 3-5 years from now. And then, YES - the stimulus package should GO AWAY.
Go away McSenile. You simply do not count anymore. Tax cuts are not stimulous. Never have been and never will be. We only need to look at what the last 30 years of "tax cuts" have brought us.
LETS FACE IT JOHN MCCAIN WILL NEVER SUPPORT PRESIDENT OBAMA, (POOR LOOSER). ONCE AGAIN A PRIME EXAMPLE OF MCCAIN PUTTING COUNTRY FIRST......NOT.
We need to get rid of the pork spending and focus on helping homeowners stay in their home and creating jobs. We can deal with the small stuff later. Also I don't want to leave my granddaughter trillions of national debt to pay, because of stupid things in our stimulus package.
McCain is no good when bush wanted a stimulus he stop his campaign to go vote for it now that BARACK OBAMA a black man is asking for it he says no so you no what that mean need i say more
Please keep in mind that things like Medicare for elderly people and healthcare for veterans are, in fact, entitlement programs. Those of you who operate with the old fashioned there-is-never-a-good-entitlement are either 1) not informed about what entitelment programs are and what they do or 2) simply mean spirited and stingy.
McCain has been a puppet of powerful corporations like Exxon for years, and the neocons are now using him to lead the opposition to Obama's agenda. He has been packaged as a moderate maverick, but his voting history and his kowtowing to rightwing extremists disproves the packaging.
The stimulus bill is heavy on renewable energy development, so of course the oil industry's representatives in Congress will fight it tooth and nail.
Republican policies (favoring the wealthy) have failed, regardless of the way they're dressed up to look like they benefit average Americans. President Obama has a clear mandate; he has a sky-high approval rating. The neocons can work with him, or they can join the ranks of the unemployed.
Why is is that the last 3 (or 4, is it?) tax cuts that were done under the Republican run Senate, House and Bush Administration did not create all of the jobs that it was supposed to? Yet, that is the only mantra coming out of Republicans mouths!!
So glad he has had time to rest and maybe come up with an idea or two!
Why were the Republicans so quick to support the bailout when Bush was in office? Which didn't stimulate the economy a bit might I add...It only stimulated more greed in the CEOs. But now Obama is trying to stimulate the economy, create jobs, and benefit the country's environment while at it. Something is wrong with this picture.
What's the old expression? Lead, follow or get the hell out of the way? Well, McCain and his cohorts, much like November, don't have the votes. Therefore, they can't lead, which means follow or get out of the way are the Republican Party's only options. Bipartisnship is nice, but not necessary.
I would say that is expected news, nothing new there. Gee, a Republican saying they won't support a stimulus package the Dems wrote? Who would have thunk? The GOP seem to forget they lost in 2006 and again in 08, so now they have become the party of obstructionists. Don't you folks see what they are doing? Cut this tax, cut that tax. Strangle government so they have to cut social security, medicare, education, food stamps, medicaid. It's pretty obvious. A Grover Norquist wet dream.