As the presidential campaign heads into its final three weeks, Republican John McCain plans to stress anew tax cuts as a way to fight the sluggish economy that has threatened global credit markets and hampered his candidacy.
Campaign spokesman Tucker Bounds declined to say whether the Republican nominee would make any new economic proposals during an event today in Virginia Beach. McCain ally Sen. Lindsey Graham, R-S.C., said Sunday that McCain is looking at ways to "jump-start" the economy with tax cuts to encourage investment.
"Now is the time to lower tax rates for investors," Graham said on CBS' Face the Nation. He said cuts in the capital gains and dividend tax rates could be part of a "very comprehensive approach."