McCain's new ad touts "renewable energy," but his energy plan offers little to support it.
Factcheck.org:
A McCain ad shows pictures of wind-driven turbines while the narrator says: "Renewable energy to transform our economy, create jobs and energy independence, that's John McCain." But, in fact, his energy plan doesn't specify any new federal spending for renewable energy and says only that he'd "rationalize" existing tax credits to provide incentives. In the past, however, he's opposed extending such tax credits when paid for by tax increases elsewhere.
The ad also insinuates that Obama would bring "higher taxes" for "your family," another in what has become a pattern of misrepresentations of Obama's tax plan. Obama actually proposes to cut taxes for all but the most affluent families. He wants to restore tax rates to pre-Bush levels only for those making over $250,000 a year.
A McCain ad shows pictures of wind-driven turbines while the narrator says: "Renewable energy to transform our economy, create jobs and energy independence, that's John McCain." But, in fact, his energy plan doesn't specify any new federal spending for renewable energy and says only that he'd "rationalize" existing tax credits to provide incentives. In the past, however, he's opposed extending such tax credits when paid for by tax increases elsewhere.
The ad also insinuates that Obama would bring "higher taxes" for "your family," another in what has become a pattern of misrepresentations of Obama's tax plan. Obama actually proposes to cut taxes for all but the most affluent families. He wants to restore tax rates to pre-Bush levels only for those making over $250,000 a year.
posted by Cecily Friday at 1:07 PM
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