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McCain Changes Story On Tax Cut Stance

Republican John McCain says he opposed President Bush's tax cuts because they didn't come with spending cuts. That is not what he said at the time.

"I disagreed when we had tax cuts without spending restraint," the Arizona senator said.

The explanation fits with his history of railing against wasteful federal spending. But it does not fit with McCain's comments when he opposed the Bush tax cuts in 2001 and 2003.

In 2001, McCain said the tax cuts favored the wealthy at the expense of the middle class. In 2003, he said there should be no tax cuts until the Iraq war costs were known.


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