John McCain on Budget & Economy
• Have no doubt about the magnitude of financial crisis. (Sep 2008)
• Recoup financial bailout cost by cutting spending. (Sep 2008)
• Freeze on everything but Defense, Veterans & entitlements. (Sep 2008)
• I have fought against excessive spending my entire career. (Sep 2008)
• These are tough times; we need changes; so keep taxes low. (Aug 2008)
• Can't pass trillions of dollars of debt to our children. (Jul 2008)
• GovWatch: Specified cuts are $10B, not $100B. (May 2008)
• Bailing out Bear Stearns necessary to protect economy. (Apr 2008)
• Key is to not to bail out homeowners who speculated. (Apr 2008)
• Things are tough now, but we're better off than in 2000. (Jan 2008)
• May have to go further to fix the subprime lending situation. (Jan 2008)
• Recession is partly psychological and not inevitable. (Jan 2008)
• I'm well-versed in economics; I was at the Reagan Revolution. (Jan 2008)
• FactCheck: Said--then denied--he needed economics education. (Jan 2008)
• Impose some fiscal discipline to revive the economy. (Jan 2008)
• Will be able to reduce war costs & have a stable Middle East. (Jan 2008)
• Reform insurance to cover violent weather patterns. (Jan 2008)
• To avoid recession, stop out-of-control spending. (Jan 2008)
• Loss of economic strength leads to losing military strength. (Dec 2007)
• Republicans have forgotten how to control spending. (Nov 2007)
• AdWatch: Outrageous to spend $233M for bridge to nowhere. (Nov 2007)
• FactCheck:Bridge-to-Nowhere never built; would serve 200,000. (Nov 2007)
• FactCheck: Criticized "Woodstock museum," but skipped vote. (Nov 2007)
• Congress spends money like a drunken sailor. (May 2007)
• Veto all pork-barrel bills and announce pork spenders. (May 2007)
• Use veto power to reduce government spending. (Jan 2000)
• Distribute surplus: 23% tax cuts; 62% Social Security. (Jan 2000)
• $9B of pork in current budget bills; cut subsidies. (Oct 1999)
• For Balanced Budget Amend., & off-budget Social Security. (Jul 1999)
• List of budgetary spending priorities. (Jul 1998)
• Supports Balanced Budget Amendment. (Jul 1998)
• Apply surplus to Social Security, Medicare, tax cuts & debt. (Jul 1998)
• Voted YES on $40B in reduced federal overall spending. (Dec 2005)
• Voted NO on prioritizing national debt reduction below tax cuts. (Apr 2000)
• Voted YES on 1998 GOP budget. (May 1997)
• Voted YES on Balanced-budget constitutional amendment. (Mar 1997)
• Maintain & enforce existing spending caps in the future. (Sep 1998)
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