Mon Jul 7, 12:59 PM Pacific • posted by Jed Lewison
What she didn't mention
McCain economic adviser and VP vetter Carly Fiorina: "The best stimulus package possible right now is the gas tax holiday."
The gas tax holiday would cost $9 billion. Even if the oil companies passed that money along to consumers -- and that's a big if -- any stimulative effect would be counterbalanced by the fact that McCain proposes to pay for the tax cut by cutting spending on highway and transportation projects.
At least Hillary Clinton paid for her plan by taxing the oil companies. Effectively, McCain's plan is to tax our roads.