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McCain Response to Obama Rally

During the event, Barack Obama ignored his record of opposing middle class tax relief, opposing a competitive tax rate, and opposing a plan to incentivize new battery technology:

“Barack Obama voted 94 times in just three years for higher taxes, including for higher taxes on Americans making just $42,000 a year – proof that his talk about the middle class is much different than his record. Detroit's auto makers can't survive Barack Obama's opposition to a globally-competitive tax rate which will keep jobs in America, or Obama's attacks on an ‘all of the above' approach to solving our energy crisis which includes more drilling, alternative energies and a real path for new battery technology.” ---Tucker Bounds, spokesman McCain-Palin 2008

Obama Voted In Favor Of The Democrats' FY 2009 Budget, Which Would Raise Tax Rates For Americans Earning $42,000 Or More:

Barack Obama Voted Twice In Favor Of The Democrats' FY 2009 Budget Resolution. (S. Con. Res. 70, CQ Vote #85: Adopted 51-44: R 2-43; D 47-1; I 2-0, 3/14/08, Obama Voted Yea; S. Con. Res. 70, CQ Vote #142: Adopted 48- 45: R 2- 44; D 44- 1; I 2-0, 6/4/08, Obama Voted Yea)

· FactCheck.org: The Budget Resolution Would Have Allowed Most Of The Provisions Of The 2001 And 2003 Tax Cuts To Expire, Effectively Raising Taxes On Those Making $41,500 In Total Income. "What Obama voted for was a budget resolution that would have allowed most of the provisions of the 2001 and 2003 tax cuts to expire. In particular, the resolution would allow the 25 percent tax bracket to return to its pre-2001 level of 28 percent. That bracket kicks in at $32,550 for an individual or $65,100 for a married couple. … But as those of you who have filled out a 1040 know, that's not actually how income taxes work. We don't pay taxes on our total earnings; we pay them based on our 'taxable income.' The Urban-Brookings Tax Policy Center's Eric Toder told FactCheck.org that 'people with taxable income of $32,000 would have a total income greater than that.' In 2008, anyone filing taxes with single status would be entitled to a standard deduction of $5,450, as well as a personal exemption of $3,500. So to have a taxable income high enough to reach the 25 percent bracket, an individual would need to earn at least $41,500 in total income, while a married couple would need a combined income of at least $83,000." ("The $32,000 Question," FactCheck.org, http://www.factcheck.org, 7/8/08)

· FactCheck.org: "Obama's Votes Indicate A Willingness To Raise Taxes." "Certainly Obama's votes indicate a willingness to raise taxes, and Obama has not been shy about saying explicitly that he will raise some taxes." ("The $32,000 Question," FactCheck.org, http://www.factcheck.org, 7/8/08)

Barack Obama Opposes Lifting The Ban On Offshore Drilling. Obama: "The politics may have changed, but the facts haven't. The accuracy of Sen. McCain's original position has not changed: Offshore drilling would not lower gas prices today, it would not lower gas prices next year and it would not lower gas prices five years from now." (Sen. Barack Obama, Remarks At Press Availability, Jacksonville, FL, 6/20/08)

Barack Obama Called John McCain's $300 Million Prize For A Better Battery A "Gimmick." Obama: "In this campaign, John McCain is offering the same old gimmicks that will provide almost no short-term relief to folks who are struggling with high gas prices. Gimmicks that will only increase our addiction for another four years." (Sen. Barack Obama, Remarks At Campaign Event, Las Vegas, NV, 6/24/08)

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Wednesday, February 10

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    • President Obama meets with African American leaders to discuss the economy and jobs

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