BLUE BELL, Pa. - Bidding for a comeback, Republican presidential candidate John McCain on Tuesday set out a new $52.5 billion plan to ease the economic pain of middle class Americans swept up in the country's financial chaos, as polls showed voters turning to Democrat Barack Obama for leadership in the turmoil.
During a swing through Pennsylvania, McCain, the 72-year-old Arizona Senate veteran, called for the elimination of taxes on unemployment benefits, lowering what the government takes from seniors as they draw on retirement accounts and accelerating tax deductions for people forced to sell assets at a loss in the troubled market. He also said that as president, he would order the Treasury Department to guarantee 100 percent of all savings for the next six months.
He also kept up his campaign tactic of trying to sow distrust among voters about Obama.
McCain proposes $52.5 billion economic plan - Decision '08 - MSNBC.com
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