McCain revs the "job engine"

Presumptive presidential nominee John McCain spoke at the 79th annual League of United Latin American Citizens. He said that over 400,000 jobs have been lost since September and gas has climbed to over $4.00 a gallon almost everywhere in America. He said that small businesses are the “job engine” of America and that there are over 2 million Latino owned small businesses. He said that this year small businesses have already created over 233,000 jobs.

He said, “If you believe you should pay more taxes, I’m the wrong candidate for you” McCain said that if elected he would reduce the estate tax to 15 percent and the business tax rate from 35 to 25 percent. He said that these tax cuts will help companies grow, which will be good for the job market and the country.

McCain said that if he were elected he would build 45 more nuclear power plants, which would create almost 1 million jobs by the year 2030. He said that America must end its dependence on foreign oil, and move towards more self-sustaining types of energy. He said that America has more coal that Saudi Arabia has oil and that if he were elected he would begin a clean coal energy project.