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Morning Update: The Oil Tax Divide

by campaign2008
October 15, 2008

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 oil companies billions of dollars each year.

ICC : The Associated Press looks at the candidates’ positions on the International Criminal Court and concludes U.S. policy toward the court–it only backs the court in narrow circumstances–is unlikely to change under the next administration.

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