February 2nd, 2009
09:41 AM ET
12 years ago

McCain says he'd vote against current stimulus bill


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'

Filed under: John McCain
soundoff (594 Responses)
  1. daniel cabrera

    I certainly do hope he does it,... this plan is not going to add absolutely nothing as for answer to the equation.
    This thing has to be eliminated, for taking more and more money from the reserves really is going to dry-out everything.

    We need better people there in Washington, and honest and decent individuals in the financial sector,.actually,... better leadership at the helm of the nation,...let's hope they come along soon.

    Daniel Cabrera
    Merrillville, Indiana

    February 2, 2009 09:27 am at 9:27 am |
  2. for obama nj-dp

    why don't the republicans chill until changes are made. quit following rush, and wait and see what changes...

    February 2, 2009 09:27 am at 9:27 am |
  3. Nelson Colorado Springs Co.

    So what else is new. McCain says he'd vote against the bill backed by President Obama to pump up the economy without debate. Look like McCain have made up his mind along with other Republican. Something in this stimulus package should be change.

    February 2, 2009 09:28 am at 9:28 am |
  4. ReyMac

    Why are the Republicans getting between the American people and some relief from President Obama? http://powerfulbeyondmeasure.wordpress.com/2009/02/01/just-the-tip-just-for-a-minute-just-to-see-how-it-feels/

    February 2, 2009 09:28 am at 9:28 am |
  5. jess

    John McCain and his Republican colleagues need to get over themselves. They lost the past two national elections, losing control of the House, Senate and Presidency by LARGE margins. The Republicans need to understand that their policies were/are the cause of our foreign and domestic problems, therefor, they were voted out of power. The Republicans should be so lucky as to have ANYONE listen to them. Demanding that the Democrats bow down to their demands is disturbing and ludicrous

    February 2, 2009 09:28 am at 9:28 am |
  6. Robert

    McCain contributed NO ideas to the first stimulus package (despite "suspending his campaign" in order to take charge), now all of a sudden he's the man with the plan? I don't think so. We tried the Republican approach to the economy for 8 long years - and look where it got us. There's a reason you lost the election, John Boy.

    February 2, 2009 09:28 am at 9:28 am |
  7. Matt Shine

    While I do not think that so many other programs should have been tacked onto this bill, I can understand why they were. Many of these programs are not the pork that many on the right claim them to be, but rather legit programs that can help that were not possible in the last eight years.

    Having said that, they really should not be on here. I can accept less tax cuts, but this bill really should be about the cuts they are planning and the shoring up on infrastructure as well as the other positive benefits. $75 million on more smoking campaigns can be another bill.

    February 2, 2009 09:29 am at 9:29 am |
  8. sollbergerforobama

    wow so much for the bipartisan support !!
    I guess it's pay back huh McCain!

    I am not sure why President Obama would think that this man is willing to help out

    February 2, 2009 09:29 am at 9:29 am |
  9. kathie in Arkansas

    Not one penny of the money we don't even have should be spent for anything other than immediate job creation. That should be a no-brainer. Pelosi's comment, "We won we wrote the bill," is why one party rule is so dangerous and needs to be corrected in 2010.

    February 2, 2009 09:29 am at 9:29 am |
  10. Stacy from Leesburg VA

    Senator McCain, I hope you are serious about sitting down and working out a compromise. I agree that targeted tax cuts should be added and some of the pork removed. But, this bill cannot be all about tax cuts and it cannot be all about spending. I think the compromise is drilling down the essentials of the bill to include both.

    February 2, 2009 09:29 am at 9:29 am |
  11. joanne

    mccain is way too old to make sensible decisions and needs to retire asap

    February 2, 2009 09:30 am at 9:30 am |
  12. Seattle Sue

    McCain reaching across the alise, after all he has such a knowledge of the economy. He said the economy is fundamentally strong as the market was going down hill and millions of people losing their jobs and homes.

    February 2, 2009 09:30 am at 9:30 am |
  13. Susan

    Yes John, you must look out for your rich buddies. Gotta have those tax cuts. What a jerk.

    February 2, 2009 09:30 am at 9:30 am |
  14. judy

    Sore loser! His every word oozes with jealousy!

    February 2, 2009 09:31 am at 9:31 am |

    Like I trust this geriatric's "the fundamentals of the economy are strong" expertise on the economy. He himself confessed he doesn't know a thing about economics. Dubya is gone so who is he pandering to this time? Token Steele?

    Lastly, since he can afford 7 houses, seriously, can someone tell him to get those teeth whitened?

    McCain = just another obstructionist..

    February 2, 2009 09:31 am at 9:31 am |
  16. Wi Vt

    Does it really matter what he thinks? Didn't he lose? Didn't the American people vote against his tax cuts?

    February 2, 2009 09:32 am at 9:32 am |
  17. Lola VA

    ooh, he just started working on the issue...i thought he supposed to have a plan when he've been running for the President. He wants to sit down, to discuss, then to sit down and discuss. He is a good guy, but he is the past

    February 2, 2009 09:32 am at 9:32 am |
  18. Fadi

    YES, please stop the largest income transfer in history.

    What happened to "wealthy" making 250K+? Why is it back to $100K? Was that also part of the empty campgain promises President Nobama?

    What happened to no lobbyists in your administration? Change must mean setting a high standard for others but not holding yourself to the same standard. The mainstream media would've been all over president Bush for any of the above lies but you are their darling... they won the election for you after all.

    February 2, 2009 09:33 am at 9:33 am |
  19. Remy, MD

    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.

    WHY would you vote any other way you fumbling old man!!!

    February 2, 2009 09:33 am at 9:33 am |
  20. brad

    Totally understand some of these Rupublican points. And I voted for Obama. However, wondering, where were these strong stances these past 8 years. Sometimes wondering if this is just for bickering reasons. For the most part, I am more for Obama bill than against. Nothing is perfect.

    February 2, 2009 09:34 am at 9:34 am |
  21. Ray Fisher

    I agree that there is too much Non-Stimulus junk in the bill yet loading it with more tax cuts are not the answer as tax cuts only help the wealthy. We must simplify the complicated and make any stimulus as simple as possible.

    February 2, 2009 09:34 am at 9:34 am |
  22. Pepou

    It figures. Thank God that moron is not our President. He would have suspended his activities ....

    February 2, 2009 09:34 am at 9:34 am |
  23. Michelle

    How about a tax cut for those of us who aren't up to our eyeballs in debt and who rent so we can stay that way? I'm all for tax breaks for people in bad situations but I am a college grad making less than $26,000 a year trying to back to school soon. It would be great if I could save a couple hundred bucks for tuition without eating ramen for dinner every night.

    February 2, 2009 09:35 am at 9:35 am |
  24. rh

    I'm a bit confused. Are we suppose to be listening to the same Republicans that have gotten us into this disaster? They act like they weren't present during the last eight years.

    February 2, 2009 09:35 am at 9:35 am |
  25. al in memphis

    Okay– let just eliminate all taxes. That should provide plenty of jobs. At some point, someone is going to be honest about what we did and did not get with the last 8 years of tax cuts.

    The answer is to cut taxes for companies that create jobs here–preferrably manufacturing jobs. All capital gains increases do not directly relate to job creations. The rich countries make things or ship oil.

    February 2, 2009 09:35 am at 9:35 am |
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