March 13th, 2008
12:00 PM ET
14 years ago

Obama slams McCain for reverse on tax cuts

[cnn-photo-caption image= caption=" Obama had some sharp words for McCain on his campaign plane Thursday."] (CNN) - Barack Obama suggested Thursday John McCain reversed his position on the Bush tax cuts in order to win the Republican nomination.

Speaking with reporters on his campaign plane, Obama noted the Arizona senator was a onetime opponent to the tax cuts, and said he has since reversed his position for political reasons.

"That was how, I guess, you got your ticket punched to be the Republican nominee," he said. "But he was right then, and he's wrong now."

McCain has said he supports the tax cuts now because of the economic slowdown and the stimulus potential they offer.

Obama also said he is against the tax cuts because they are an example of a "flawed fiscal policy."

"The notion that we would pile up more mounds of debt, literally borrowing hundreds of billions of dollars to pay for tax breaks for people who don't need them and weren't even asking for them I think is unfortunate," he said. "And I think it's an example of the kinds of flawed fiscal policies that have gotten us in such a hole under this administration and a republican congress."

UPDATE: Responding to Obama's remarks, McCain said later Thursday "it’s very clear that I voted to make those tax cuts permanent on several times."

"Senator Obama has stated very clearly his desire to increase Americans’ taxes," he added. "That will be one of the great debates we have if he is the nominee of his party. He wants to raise Americans’ taxes and put more of their money into the hands of the government. I want to keep it in the wallets and purses of the American people."

- CNN's Chris Welch contributed to this report

Filed under: Candidate Barack Obama • John McCain
soundoff (130 Responses)
  1. Obama Spins out of Control

    How is the Rezko case coming along?

    March 13, 2008 03:23 pm at 3:23 pm |
  2. Chuck

    When I hear Obama stand up, without notes or a speech in his hand and discuss ANY real ISSUE clearly and concisely with reccomendations for a solution, then I'll think he has what it takes to be my president. All of his comments sound "canned."

    March 13, 2008 03:24 pm at 3:24 pm |
  3. Laura

    How is Obama going to pay for all his proposals (850 billion dollars worth)? Can you say major tax increase?

    March 13, 2008 03:25 pm at 3:25 pm |
  4. Sue Ellen Thomason

    Hillary for President, Governor Spitzer for Vice President. This is the Billary ticket of the millenium. Don't miss it.

    Sue Ellen Thomason
    Miami Beach, Kentucky

    March 13, 2008 03:26 pm at 3:26 pm |
  5. Lib

    You are too funny!and Joe IS rsrgeteied to vote but he's not an Obama fan. Which is FINE! We don't need him on our side. Can this all be over now? Please?![]

    February 19, 2012 12:02 am at 12:02 am |
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