McCain Pitches 'Gas Tax Holiday,' Drug, Pork Limits

Candidate lays out slate of economic initiatives
By Jonas Oransky,  Newser Staff
Posted Apr 15, 2008 12:50 PM CDT
Republican presidential candidate Sen. John McCain.   (AP Photo/Mary Altaffer)
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(Newser) – John McCain used a tax day appearance to propose a summer “gas tax holiday,” calling his plan to suspend the 18-cent levy “an immediate economic stimulus.” Among other economic initiatives the candidate outlined today were upping prescription drug premiums for wealthy retirees, declaring a moratorium on discretionary spending, and protecting college students' financial aid, the Pittsburgh Post-Gazette reports.

McCain blasted his Democratic opponents for supporting “a long list of pork-barrel projects,” which he called “business as usual in Washington.” Suspending the gas tax from Memorial Day to Labor Day would cut the price of fuel “every time a family, a farmer, or a trucker stops to fill up,” he declared.