JOHN MCCAIN
Costs
• Eliminate the alternative minimum tax ($60 billion)
• Cut the corporate tax rate to 25 percent from 35 percent ($100 billion)
• Double the personal exemption for dependents to $7,000 from $3,500 ($65 billion)
• Expand military ($15 billion)
Savings
• Cut baseline spending that began as earmarks ($60 billion) and new earmarks from 2007-8 ($35 billion)
• Pause increases in discretionary spending for one year ($15 billion)
• Close corporate tax loopholes ($30 billion)
• Generate economic growth ($20 billion)