McCain Outlines Broad Proposals for U.S. Economy

VILLANOVA, Pa. — Senator John McCain offered the broadest look yet at his economic policies in a speech on Tuesday in Pittsburgh, outlining a series of tax reductions and backing away from his pledge to balance the budget by the end of his first term.

The speech, delivered on the deadline for filing taxes, afforded the clearest view to date of what McCainomics might look like. There was a dash of populism, as Mr. McCain criticized executive pay and corporate wrongdoing. There was a strong supply-side bent, with Mr. McCain focusing on cutting corporate taxes and making permanent the Bush tax cuts that he once opposed. And there was a decidedly less hawkish note on deficits, as Mr. McCain called for spending cuts but did not mention balancing the federal budget.

It’s not McCain’s Senior moments that are the problem, it’s the McCain of The Moment we need to worry about, is there any issue he has not been on both sides of?