McCain's Economic Strategy: Bring in Greenspan
By Juliet Eilperin
SUMTER, S.C.--Sen. John McCain (R-Ariz.) unveiled a new economic strategy in South Carolina today with a truly revolutionary aspect: Alan Greenspan, dead or alive.
After decrying the length and complexity of the U.S. tax code, McCain vowed to establish a bipartisan commission that would capitalize on the gravitas of former Federal Reserve chairman Alan Greenspan, no matter how he is faring by the time this committee finally materializes.
"I want to set up a committee headed by Alan Greenspan, whether he's alive or dead, it doesn't matter," he said, prompting laughter from the crowd. "If he's dead, we'll prop him up and put dark glasses on him, like in 'Weekend at Bernie's.'"
Then, according to his plan, the committee would submit its recommendations for simplifying the tax code to Congress, which would have 60 days to approve or reject the proposal. McCain did not elaborate on whether Greenspan would wear dark glasses when delivering congressional testimony in the future.
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