AP: Senate rejects McCain's alternative stimulus plan

[Enrique]

http://www.huffingtonpost.com/2009/02/05/democrats-kill-mccains-al_n_164440.html

WASHINGTON — The Senate has killed an alternative economic stimulus plan by Sen. John McCain that would have cut income and payroll taxes but spent far less than President Obama's plan.

The party-line 57-40 vote against McCain's $421 billion plan came Thursday as a group of moderate Democrats and Republicans struggled to cut up to $100 billion from Obama's version.

McCain's plan would have cut the bottom two income tax brackets and lowered corporate income taxes. It also would have extended unemployment benefits and provide money to repair and replace military equipment worn out in Iraq and Afghanistan.

Obama defeated McCain for the presidency last fall.

[Taverner]

1. Yeah, if you're out of work those tax cuts would really help

:eyes:

[Ian David]

2. I say we save $100 Billion by not spending it in the states whose senators voted against it. n/t

[mike_c]

3. lowered corporate taxes? bailout money for the MIC?

:rofl:

At least he's an utterly predictable maverick.

[liberalmuse]

4. Thank dog.

Proving yet again that McCain is irrelevant. And WTF about cutting out taxes for the bottom two brackets and lowering corporate taxes? Jesus H. Christ! I thank the flying spaghetti monster every day that Obama is President.

Edited for punctuation.

[msongs]

5. the serial adulterer loses another one :-) is that karma? nt