Saturday, August 02, 2008

John McCain's weekly radio address

Here is an excerpt from John McCain's weekly radio address:

For his part, Senator Obama is an impressive orator, and it's a lucky thing for me that people aren't just choosing a motivational speaker. Washington is full of talented talkers. And Senator Obama is one of the best to come along in quite a while.

Unfortunately, on issues big and small, what he says and what he does are often two different things. Senator Obama says he's going to change Washington. But his plan to raise your taxes and expand the federal government is not exactly my idea of a solution to what troubles Washington. In fact, it bears a suspicious resemblance to the problem. Real change in Washington requires a top-to-bottom review to root out wasteful spending, and a willingness to veto bills with useless and costly earmarks. Senator Obama himself has requested more than a million dollars in pork per working day since he arrived in Congress. That is just the kind of abuse we need to end in Washington, and I know how to end it.

Senator Obama says he will raise taxes only on the rich. But in the Senate, he voted for tax hikes that would have impacted those taking home just $32,000 a year. He has proposed tax increases on income taxes, capital gains taxes, dividend taxes, estate taxes, and Social Security taxes. All of these tax increases are the fine print under his slogans, and they add up to more than a trillion dollars in new taxes over the next decade.

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