Spread The Wealth?
Schieffer: Why is your economic plan better than his?
John McCain: Americans are hurting right now, and they're angry. They're innocent victims of excessive greed. Take $300B of $700B bailout to buy home mortgages, adjust the mortgages so they are affordable to home owners. "We ought to put the home owners first. ... I"m disappointed that Sec. Paulson and others have not made that their first priority."
Barack Obama: I think everybody understands at this point that we are experiencing the worst financial crisis since the Great Depression. What we haven't yet seen is a rescue package for the middle class. End tax breaks for companies shipping jobs overseas. Provide families with a middle class tax cut. Allow citizens, too, to access IRA accounts, if they're experiencing a crisis, without penalty.
McCain: Accuses Obama of increasing taxes on middle class workers, including a plumber Obama met on the trail this week in OH (McCain somehow has voter's name at the ready, it's Joe Something).
Obama: "We both want to cut taxes, the difference is who we want to cut taxes for."
McCain: "I want Joe the plumber to spread that wealth around. ... The whole premise behind Sen. Obama's plan is class warfare, spread the wealth around."
Obama: I want to cut taxes for 95 percent of Americans.
(JENNIFER SKALKA)
When Reid asked Obama for some of his campaign money to help elect democrats to congress, Obama refused, he doesn't want to "spread the wealth" when it's HIS wealth.