2008-08-19 07:04:00
McCain's '$5 Million Gaffe,' Keeping Phil Gramm in the Fold Show How Out of Touch McCain Is WASHINGTON, Aug. 19 /EMWNews/ -- The Democratic National Committee today released a new video called "Five Million" that uses McCain's own words, the impact of his tax plan and reports that McCain is still considering former Senator Phil Gramm as a potential Treasury Secretary to show how out of touch he is with the challenges facing America's working families. While McCain's own household would receive a tax cut of more than $370,000, middle class families will see a cut of just $319 from the McCain tax plan, with 101 million households receiving nothing. Instead of offering working families tax relief, McCain and advisors like Phil Gramm -- who the New York Times reports is still being considered a possible Treasury Secretary pick by the McCain campaign -- have dismissed those challenges as "psychological" and complained about America becoming "a nation of whiners." "John McCain's 'leave no millionaire behind' economic agenda may make sense to Phil Gramm, but the 101 million households that will get nothing under the McCain tax plan understand how out of touch he is when it comes to the economic challenges facing America's families," said DNC spokesman Damien LaVera. "Since John McCain thinks only people making more than $5 million are rich, it is no wonder his tax plan would hand hundreds of thousands of dollars in new tax giveaways to millionaires or that his potential treasury secretary thinks our country is 'a nation of whiners'."
To see the video, click here: http://www.youtube.com/watch?v=mP-0pedQeGw DNC Video: "Five Million" Script http://www.youtube.com/watch?v=mP-0pedQeGw QUESTION: "Define 'rich.' Give me a number. Give me a specific number. Where do you move from middle class to rich? MCCAIN: "If you're just talking about income, how about five million?" TEXT: Only 1 out of 1,000 Americans Make More Than $5 Million. [Los Angeles Times, 8/18/08] MCCAIN: "I don't want to take any money from the rich." TEXT: In 2006, the McCains reported over $6 million dollars in income. [Washington Times, 8/18/08] QUESTION: Is it $100,000? Is it $50,000? Is it $200 -- TEXT: The McCains Will Save Over $370,000 Under His Tax Plan. [Center for American Progress Action Fund, 6/19/08] TEXT: And What About the Rest of Us? GRAMM: "We've sort of become a nation of whiners ... and yet you just here this constant whining and complaining." TEXT: Savings for Middle Class Americans Under McCain's Plan: $319 [Source: $38k-$66k/yr, CNN Money, 6/11/08] TEXT: 101,000,000 American Households Get Nothing. [Bloomberg News, 7/6/08]
MCCAIN: "But the point is, the point is, the point is ... " TEXT: The point is John McCain is out of touch. Paid for and authorized by the Democratic National Committee, http://www.democrats.org . This communication is not authorized by any candidate or candidate's committee.
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