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Saturday, January 19, 2008

McCain Campaign Admits it Won't Make Tax Cuts Permanent

...well, sort of. Phil Gramm, who is part of the McCain campaign, said today in SC that if "they" listened to John McCain on spending instead of Bush's tax cuts, then today we might be able to make the tax cuts permanent instead of just a short term stimulus.

Now, apart from the fact that his lack of support for Bush's tax cuts by definition would prohibit him from making them permanent today, what Gramm was basically saying (or what I infer) is that McCain has no intention of making these tax cuts permanent.