Topic: John McCain

Republicans detail wasteful U.S. stimulus spending

WASHINGTON (Reuters) - An election-year war of words over the effectiveness of President Barack Obama's $862 billion economic stimulus law ratcheted up on Tuesday as Republicans detailed spending projects they said were wasteful and failed to achieve the main goal of job ...
Vote to aid troubled banks roils GOP primaries, claims one senator, more lawmakers could fallOne Republican senator lost his job because he voted for the 2008 bank bailout. Two other GOP lawmakers may be next. Former President George W. Bush's lifeline to ...

Sen Dodd: restoring Glass-Steagall "difficult"

WASHINGTON (Reuters) - U.S. Senate Banking Committee Chairman Christopher Dodd said on Thursday it would be "pretty difficult" to reinstate 1930s-era Glass-Steagall limits on banking as proposed in two bills in Congress. His remarks suggested an uphill climb ahead for legislation, filed ...
McCain backs bills that would split up big banks as Senate looks at consumer agency compromiseTwo senators, one from each party, called Wednesday for breaking up large financial firms that perform both commercial and investment banking, adding a wrinkle to already difficult ...
McCain: Raising taxes not needed to reduce ballooning deficit; gov't can cut spending insteadSen. John McCain is refusing to consider raising taxes to reduce the ballooning deficit. McCain was asked on ABC's "This Week" whether he would make a similar pledge as ...
Republicans line up against current stimulus and a potential second stimulus spending planRepublicans lined up Sunday in opposition to a second economic stimulus package, a rare demonstration of unity from an out-of-power political party in search of a rallying cry against President ...
Campaign promise aside, Obama open to proposal to tax health benefits for middle-class workersThe Obama White House left open the possibility Sunday that the president would break a campaign promise and raise taxes on people earning less than $250,000 to support his ...
SPIN METER: White House elusive on health taxes; Obama hasn't said yes, aides haven't said noWhen it comes to taxing health insurance benefits, President Barack Obama hasn't said yes, and may never. But he and his top aides won't quite say no, ...

When in doubt, whip Las Vegas

This time it’s McCain, ranting against money sought by UNLV Railing this week against pork barrel corruption in the $410 billion omnibus spending bill, Arizona Republican John McCain called the more than 8,500 earmarks in it an outrageous insult to the American ...
SPIN METER: Republicans and Democrats play the blame game for nation's economic woesSen. John McCain deployed heavy sarcasm. Fellow Republican Marsha Blackburn trotted out a chart. A group of conservative House Republicans mocked: "'Deficit we inherited?' ... Spare us the false outrage." ...
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