Face the Nation: McCain Won't Back Stimulus Bill

John McCain on Face the Nation discussing the stimulus bill and why he won't vote for it.

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News & Politics

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• Schieffer
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• Stimulus
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[billthebutcher2]

We seriously dodged a bullet with this guy. Not only does he spew this idiocy, right now we'd have a spending freeze for govt and overseeing our "recovery" at Treasury would be either Phil Gramm or John Thain. Yikes.

[chalomirof63]

I also thank God this clueless old fraud didn't win. Imagine: as we're on the precipice of The Great Depression II, continuing to blindly and stupidly call for the same irresponsible policies of tax cuts and deregulation that got us here in the FIRST place! This is not rocket science. And Bob Schieffer: to think I used to respect and admire this guy!! Just another schill for the Lunatic Fringe!

[azzy1965]

Add the 1.2 trillion dollars to the how many trillions of dollars Bush spent on NOTHING.. Wake up people, what mccain is doing here is trying to make the people forget what Bush did to this country....

[VonDelacroix]

people are so bilnd, its rediculous. We finally have our first black president, the days of slavery are finally over. and it only cost us our freedoms and one hell of a great country. Obama's answer is to throw money at it, like that ever worked. FDR tried that, and it didn't work to well, in fact WW2 probably helped us with the depression more than that fool ever did. So I guess we should thank the Japs just as much as the jews should, Japs, thanks for your contribution.

[carplake2006]

Okay, let's eliminate the tax cuts, which would save us about 300 Billion. DUH!

[element13131]

Profits are the key to economic recovery. Profits and losses are signals in a market economy. Huge losses in the financial sector signal that that sector needs to shrink. Instead they talk about buying and insuring toxic assets. They think they can force the financial sector to lend. But if you're not profitable then it makes no sense to lend. This is a big bill, but not a big stimulus. It is a simple transfer of money from one set of people to favored interest groups of the Democratic Party.

[mickeysears]

Well I guess that you don't understand rocket science, economics, or politics. How can you say it was deregulation that got us into this mess when, in the years before and during the collapse, we have never had more regulation in American history? The Federal Reserve Bank, FHA, FDIC, SEC, and FTC have more power now then at any other time in history. It doesn't make any sense to say deregulation was at fault when all government does is pile more regulation on.

[samwestonpotter]

It's so obvious that the Dems have a hidden agenda with the massive amount they want to spend. Why can't they agree to something more modest? Why not try a 400 billion dollar stimulus and see how it goes? Why spend more than we need to? It's simple... this goes beyond merely stimulating the economy... it's all about power. The Dems want to be able to call all the shots and have more government control. Bipartisan my eye.