General Election Starts Coming Into Focus

McCain, Obama focus on Democrat's economic agenda
By Jonas Oransky,  Newser Staff
Posted Jun 9, 2008 2:20 PM CDT
Republican presidential candidate, Sen. John McCain, R-Ariz., center, listens to senior campaign advisor Steve Schmidt as Mark Salter looks on after their arrival in Washington.   (AP Photo/LM Otero)
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(Newser) – Barack Obama launched a 2-week economic tour today, prompting dueling press releases, Time reports. Obama kicked off the one-on-one stage of the election by vowing to “restore fairness and balance to our economy,” and John McCain's campaign countered by saying the Democratic nominee "doesn’t understand the American economy."

Obama blasted McCain for voting 95% of the time with President Bush, for prepping “tax giveaways” that would hand $2 trillion to corporations, and for pushing proposals that would effectively add $5.7 trillion to the national debt. The Republican, meanwhile, painted Obama as a classic liberal, saying his rival “has promised higher income taxes, Social Security taxes, capital gains taxes, dividend taxes, and tax hikes on job-creating businesses.”