John McCain and Barack Obama are spending a lot of time promoting their own tax proposals and slamming each other’s at the same time. So what is reality? Will Obama be able to make good on his promise that no one making less than $250,000 will see higher tax rates? What about higher capital gains and dividend rates? What would be the impact of McCain’s call to cut corporate tax rates and make the Bush tax cuts permanent? We ask Pete Sepp, Vice President for Communications at the National Taxpayers Union.
Gizzi on Politics
What were the key moments in Tuesday night’s debate? Can John McCain turn the economic crisis to his advantage? Who will likely win key U.S. Senate races in Maine and New Hampshire? We ask John Gizzi, Political Editor at Human Events.
Pennsylvania, Georgia Polls Show Democratic Surge
With just 26 days until Election Day, new polls from battleground Pennsylvania and reliably Republican Georgia show momentum is clearly on the side of Barack Obama. Just how much has the Democratic ticket gained in the past two weeks? What is responsible for the shift? And what is McCain’s best option to reverse the tide of public opinion? We ask David Johnson, CEO of Strategic Vision, which conducted the polls.
The News Part 1
We have the biggest moments from Tuesday night’s debate. What did McCain and Obama say about the current financial crisis? What new idea does McCain have for helping struggling homeowners? And how do they differ on energy policy? We have the top news from Wednesday, October 8, 2008.
The News Part 2
More of the day’s biggest headlines…how are Obama and McCain different when it comes to health care reform? What significant action did the Fed take on Wednesday to help ease the financial crisis? And what is Treasury Secretary Henry Paulson saying about where we stand in this crisis? We have all the answers. Listen here!
Reviewing the Debate
What did John McCain and Barack Obama need to accomplish in their second debate Tuesday night? Did they achieve their goals? Can McCain turn the financial crisis to his advantage? Should he have mentioned Obama’s disreputable friends or will that likely backfire? We ask Dr. Larry Sabato, Professor of Political Science at the University of Virginia.
The Impact of the Interest Rate Cuts
On Wednesday, the Federal Reserve cut interest rates by half a percentage point. The move was made in concert with similar moves at national banks in several other countries. So what did this accomplish? Who is expected to benefit the most? What else can we expect from the Fed? And is this great time or a dangerous time to buy a home? We ask David John, Senior Research Fellow at the Heritage Foundation.
McCain vs. Obama on Health Care
John McCain and Barack Obama slugged it out over health care reform on Tuesday night, but which one has a better plan? Is McCain on the right track by pushing $5000 tax credits so families can buy coverage? What exactly is Obama’s plan and does it equal government-run care? And does either candidate have a real plan to reform Medicare? That’s what we ask health care expert Grace-Marie Turner, President of the Galen Institute
Obama vs. McCain on Energy
Barack Obama and John McCain battled over many issues on Tuesday night, including their very different priorities in bringing about energy reform. So which one has a better, more realistic plan? What could Obama’s $150 billion develop in 10 years? Would bridging the gap with more offshore drilling and nuclear power be a better strategy as McCain suggests? That what we ask Max Schulz, Senior Fellow at the Manhattan Institute.
The News Part 1
What happened to the Dow today? Why is President Bush confident we’ll weather this financial storm? What actions is the Federal Reserve taking to add additional financial stability? What did the CEO of AIG tell Congress today? And why is one member of Congress scolding his colleagues for avoiding the meltdowns that put lawmakers in a bad light? We give answers to all of those questions as we bring you the top stories for Tuesday, October 7, 2008.