The Truth-O-Meter Says:
Romney

"Senator McCain voted against the Bush tax cuts. Now he's for them."

Mitt Romney on Thursday, April 26th, 2007 in Stratham, N.H.

McCain switched on tax cuts

Romney is right that McCain switched on the tax cuts.

When the cuts were first proposed in 2001, McCain joined Democrats in voting against them. At the time, he said the tax breaks didn't do enough for the middle class, and because of a need for increased defense spending.

In 2003, the phased-in cuts of 2001 were accelerated but McCain again voted no, saying taxes shouldn't be cut in time of war. But in 2006, when the cuts were extended, McCain voted yes because he said opposing the extension of cuts already in place would amount to a tax increase.

Updated: This post has been updated to correct the reasons McCain gave at the time for opposing tax cuts in 2001. Our initial posting attributed his reasons to statements he made later about fiscal restraint.

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About this statement:

Published: Wednesday, September 5th, 2007 at 12:00 a.m.

Subjects: Taxes

Sources:

McCain 2001 vote opposing tax cuts ; McCain 2003 vote opposing tax cuts ; McCain 2006 vote favoring tax cuts Sen. John McCain, McCain statement on final tax reconciliation bill , May 26, 2001.

Written by: Angie Drobnic Holan
Researched by: Angie Drobnic Holan
Edited by: Bill Duryea

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