Morning Update: Dueling Economic Agendas
Following a meeting with his economic advisers, Sen. John McCain (R-AZ) touted his economic policy plans in a speech in Cleveland on Monday. “To incentivize investments, I have proposed that if you buy stock and hold it for a minimum of a year, your tax on that investment will be cut in half,” he said. He also promised to “make sure that the SEC enacts and enforces rules that keep our markets safe and competitive.”
In what has been billed as his “closing argument,” Sen. Barack Obama (D-IL) also discussed his economic agenda in a speech Monday, highlighting his plan to create two million new jobs by rebuilding U.S. infrastructure.
ISRAEL: Republican vice-presidential candidate Sarah Palin met Monday with Israel’s ambassador to the United States, Sallai Meridor. According to Israeli officials, Palin and Meridor discussed U.S.-Israel relations and the nuclear threat from Iran.
