McCain plans to stress tax cuts to help economy

The presidential campaign is nearing the end and now John McCain plans to stress anew tax cuts as a way to fight the slowing economy that ha threatened global credit markets and hampered his candidacy.

Tucker Bounds is a campaign spokesman and he has declined to say whether McCain would make any new economic proposals during an event today in Virginia Beach. On Sunday Sen. Lindsey Graham, R-S-c., said that McCain is looking at ways to give a boost to the economy with tax cuts to encourage investment. Graham told sources that now is the time to lower taxes for investors and he said that the cuts in the capital gains and dividend tax rates could be part of a very comprehensive approach. Saul Anuzis is the Michigan GOP Chairman and on Sunday he said that the economy has put McCain on the defensive. He went on to say that the daily tracking poll has Barack Obama leading McCain 50%-43%. Anuzis said that they have strong messages that are not connection with people and Obama seems to be Teflon-like and that is creating the frustration. McCain told supporters at a GOP phone bank in a Virgina suburb that they are right in this game and he told his supporters that the financial credit crisis has cause a little hurt to everyone but he has predicated a comeback because voters want experience. So far McCain's plan already proposes a cut of the corporate tax rate and making permanent the Bush tax cuts that are scheduled to expire in 2010. Meanwhile on Sunday Obama spent the day knocking on doors in an Ohio neighborhood and he also had some high-profile help from former rival Hillary Rodham Clinton and her husband Bill Clinton, in the battleground state of Pennsylvania. The former first lady said that sending in republicans to clean up the financial crisis is like sending the bull to clean up the China closet and she went on to say the Obama and Biden would clean up the mess left behind by president Bush. Rick Davis is the campaign manager for McCain and he told sources that a statement by Rep. John Lewis, D-Ga., a civil rights leader, was reprehensible. On Saturday Lewis accused the GOP of planting seeds of hatred and division and appeared to imply that McCain was in line with segregationist George Wallace. Later on he said that was not his intent at all. David Axelrod is the senior adviser for Obama and he tld sources that boundaries has been crossed and said that Sarah Palin's remark that Obama is not a man who sees America like her and the American people as one example.