McCain Math - Economy
From McCainPedia
John McCain says he is the "right kind of change." But the math doesn't add up.
| None |
Stimulus proposals offered by Senator McCain since he declared that our nation had made "great progress economically" under the leadership of George W. Bush. |
| $0 |
Tax cut that 101 million households would receive under the McCain plan – including those working and middle-class Americans hardest hit by this downturn. |
| $125 |
Tax cut that a typical family with two children, one of whom is in college, would receive under the McCain tax plan. Under the Obama plan, the same family would get a $3,700 tax cut. In addition, according to an analysis by the Center for American Progress, a typical family will face a $1,100 tax increase by 2013 because of the McCain health plan. |
| 37 MILLION |
Number of seniors that would be left out of the McCain tax plan. Thirty-seven million of the 38 million elderly Americans would get $0 in tax cuts under the McCain plan. |
| $1.2 BILLION |
Tax cut for Exxon-Mobil under the McCain tax plan. |
| $200- $300 BILLION |
Amount that the McCain plan will increase the annual deficit, according to the New York Times. |
For a side-by-side comparison of Senator Obama's tax relief for working families and John McCain's promise of more of the same failed Bush tax policies, click here.
Download a report (PDF) by the the Obama Campaign's Director of Economic Policy that
examines the impact of Senator McCain's plan to continue Bush's failed economic
policies on American families and the American economy.
