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New Obama Ad Hits McCain For Beltway Embraces
Firedoglake — ... pix of his facial expressions. Watch and see what you think. And how does this ad square with the reality of John McCain? He just held a joint fundraiser with Ralph "praise the Lord and pass the collection plate" Reed. Apparently that religion gap McCain is feeling is starting to pinch enough that he's now sucking up to Reed in religious desperation. Shouldn't come as a shocker given that he's already kissed and made nice with Grover Norquist and has Karl Rove advising him while doing media PR and running 527 ...

Fact Checking The Fact Checkers
Wonk Room — ... It is also true that McCain’s tax cuts for big corporations are only half the story. The other half is that McCain’s tax plan also stiffs the middle class. More than half of the benefits in McCain’s tax plan go to corporations and the top one percent of taxpayers, while only 9 percent will go to the bottom eighty percent of taxpayers. And when you factor in McCain’s health care plan, millions of middle class families who have not gotten a raise since 1998 could ...

The McCains' Mansions
News Hounds — ... The REAL McCain is a multimillionaire who owns ten luxurious homes. The REAL McCain backs President Bush's tax cuts for big corporations. The REAL McCain empathizes only with the interests of our nation's wealthy minority, not its money-strapped majority. But far too many are buying into McCain's deceit because the corporate press won't present the whole picture, so we created this video to educate the public about the REAL McCain. ...

$100 Million Man McCain: Rich Not Defined by Income
Crooks and Liars — ... McCain’s $370,000 Personal Tax Break. Earlier this year, the Center for American Progress analyzed John McCain’s tax proposals. The conclusion? McCain’s plan is radically more regressive than even that of President Bush, delivering 58% of its benefits to the wealthiest 1% of American taxpayers. ...

Carly Fiorina: McCain’s Middle Class Tax Cut is ‘Drill, Drill, Drill’
Wonk Room — ... cut.” Fiorina responded that “what we need to do for middle Americans” is “drill, drill, drill” for oil, while adding vaguely that “we need to make sure the economy is growing again.” Watch it: Kudlow was absolutely right to say that McCain’s tax plan lacks a middle class tax cut - his proposal delivers nearly half of its benefits to the top 1% of taxpayers, and gives the top 0.1% a $1 million tax cut. According to the ...

In Wall Street Journal, McCain Econ Advisers Claim McCain’s Tax Plan Benefits ‘All Americans’»
Wonk Room — ... while driving up the federal deficit. Here is a dissection of the McCain campaign’s argument, and why McCain’s plan doesn’t really help “all Americans”: CLAIM: John McCain’s tax policies are designed to create jobs, increase wages and allow all Americans — especially those in the hard-pressed middle class — to keep more of what they earn. FACT: McCain’s tax plan delivers almost half its benefits to the top 1% of taxpayers, and gives the top 0.1% a $1 million tax cut. The only middle class tax ...

The Holes In Fred Thompson’s ‘Bucket’
Wonk Room — ... Last night at the Republican National Convention, former Senator Fred Thompson gave a crack at economic analogies to attack progressives and defend John McCain’s $300 billion tax cut for corporations and the wealthy. He said: ...

Media Can’t ‘Find Much At All’ About The State Of The Economy In RNC Speeches
Wonk Room — ... It should really come as no surprise, though, that conservatives are avoiding any references to the economy. The result of eight years of Bushonomics, a philosophy which McCain has wholeheartedly embraced, is rising prices, stagnant wages, and high unemployment. At the same time, “corporate profits have skyrocketed” to record setting levels. Still, McCain has proposed $300 billion in tax cuts for corporations and the wealthy, while leaving 100 million ...

Response To The McCain Campaign On Medicare And Medicaid Cuts
Wonk Room — ... ” by the Washington Post’s fact-checker, and stamped with “Four Pinocchios.” Its claim that a key provision of its tax policy that would cost $75 billion a year would actually be budget-neutral was called “ ...

McCain Offers Tax Windfall for Cindy the Beer Heiress
Crooks and Liars — ... Of course, given that McCain's tax plan is radically more regressive than even that of President Bush - it delivers 58% of its benefits to the wealthiest 1% of American taxpayers - it's no surprise Cindy the Beer Queen can expect a jaw-dropping payout. ...

Remember When: Congress Passes $1.4 Trillion Economic Package
Crooks and Liars — ... for 51% of the mushrooming federal deficit. (Making them permanent, the Center for American Progress concluded last year, would blow another $2 trillion hole in the budget over 10 years.) And as critics warned, President Bush handed a ...

Republican April Fool's Prank: Antiquated Budget Roll-Out
Library Grape — ... As the Center for American Progress noted, the Bush tax cuts delivered a third of their total benefits to the wealthiest 1% of Americans. And to be sure, their payday was staggering. As the Center for Budget and Policy Priorities detailed ...