I just wrapped up a lengthy interview with Republican presidential nominee John McCain. We spent some time discussing his recent statements on corporate greed and excessive CEO pay. It was a very lively debate. I asked Sen. McCain if he doesn’t sound a lot like Hillary and Obama on all this stuff.
We also talked at length about his new economic proposals announced in his speech earlier today. We covered his thoughts on fighting off recession and, in particular, his new idea to have a summer holiday for federal gas taxes. McCain’s “gas-tax holiday'' would eliminate the 18.4 cents-per-gallon federal tax from Memorial Day to Labor Day this year.
Sen. McCain had some very interesting comments on the sagging dollar and rising inflation, too. I also asked him why he switched his view on the FHA bailout.
You can catch the whole interview this evening on Kudlow & Company (7 p.m. EST on CNBC).