Posted By:  CFR Posted On:  Oct 15, 2008	Morning Update: The Oil Tax Divide
USA Today reports on differences between Sen. John McCain (R-AZ) and Sen. Barack Obama (D-IL) over tax policy for oil companies. Obama would create a windfall profits tax on the companies, while McCain would implement a cut in the corporate income tax rate that could save...... [view]

Posted By:  CFR Posted On:  Oct 14, 2008	Morning Update: Economic Revival Plans
Sen. Barack Obama (D-IL) released new details of his economic agenda on Monday. Obama’s plans include a ninety-day moratorium on home foreclosures and additional funding in government loan guarantees for automakers. Sen. John McCain (R-AZ) also addressed economic policy...... [view]

Posted By:  CFR Posted On:  Oct 10, 2008	Morning Update: Rescue Call
Sen. Barack Obama (D-IL) urged the Treasury Department on Thursday to “ move as quickly possible ” to implement the economic rescue package “so that we can ease this credit crisis that’s preventing businesses and consumers from getting loans and causing...... [view]

Posted By:  CFR Posted On:  Oct 9, 2008	Morning Update: Praise for Taiwan Deal
Obama praised the Bush administration’s decision to sell $6 billion in military equipment to Taiwan. A statement from Obama’s national security spokesman said Obama views the package as an “ important response to Taiwan’s defense needs.” On Tuesday,...... [view]

Posted By:  CFR Posted On:  Oct 8, 2008	Morning Update: U.S. Presidential Debate
In their second debate, U.S. presidential candidates Sens. John McCain (R-AZ) and Barack Obama (D-IL) sparred over the limping U.S. economy and energy policy; both tied the country’s recovery to the latter. Obama faulted McCain for a record of deregulation that he said has...... [view]

Posted By:  CFR Posted On:  Oct 7, 2008	Morning Update: Nuclear Energy and Iran
Seeking to clarify a comment in the vice presidential debate, the McCain campaign has confirmed it opposes providing Iran access to nuclear energy ( WashPost ) . “There is no circumstance under which the international community could be confident that uranium enrichment or...... [view]

Posted By:  CFR Posted On:  Oct 6, 2008	Morning Update: McCain’s Spending Pledge
Sen. John McCain (R-AZ) repeated his pledge to impose a one-year federal spending freeze “on every agency of the federal government, excepting only national defense, the care of our veterans, and a few critical priorities.” He spoke in a radio address on Saturday. ENERGY:...... [view]

Posted By:  CFR Posted On:  Oct 3, 2008	Morning Update: U.S. Vice Presidential Debate
U.S. Vice Presidential candidates Sen. Joseph Biden (D-DE) and Gov. Sarah Palin (R-AK) sparred on U.S. military deployments in Iraq and several other foreign policy issues in their only television debate before November’s election. On the financial crisis, Biden reaffirmed...... [view]

Posted By:  CFR Posted On:  Oct 2, 2008	Morning Update: ‘Yes’ to Bailout and India
Sens. John McCain (R-AZ), Barack Obama (D-IL), and Joe Biden (D-DE) all voted in favor of the emergency economic legislation on Wednesday. Ahead of the vote, both presidential candidates urged their Senate colleagues to support the bill. McCain warned of an economic...... [view]

Posted By:  CFR Posted On:  Oct 1, 2008	Morning Update: Back for a Bailout Vote
Sen. John McCain (R-AZ), Sen. Barack Obama (D-IL), and Obama’s runningmate, Sen. Joe Biden (D-DE), will return to Washington (Reuters) , D.C., on Wednesday to vote on a revised economic rescue package. As part of the discussions, both McCain and Obama have endorsed a...... [view]

Posted By:  CFR Posted On:  Sep 30, 2008	Morning Update: Bailout on the Trail
Responding to news of the failure of the Wall Street bailout legislation, Sen. John McCain (R-AZ) said it is “time for all members of Congress to go back to the drawing board .” He reiterated principles he hoped the bill would follow, including “responsible...... [view]