In a speech accepting his role as Barack Obama’s running mate this afternoon in Springfield, IL, Sen. Joseph Biden (D-DE) argued the American Dream has slipped away under eight years of Bush administration policies. He added that while Americans sit at their kitchen tables worrying about bills, McCain has to “figure out which of the 7 kitchen tables to sit at”:
I don’t have to tell you that. You see it in your shrinking wages. … We cannot afford to keep giving tax cuts after tax cuts to big corporations and wealthiest Americans, while middle class families are falling behind. […]
Ladies and gentlemen, your kitchen table is like mine. You sit there every night after you put the kids to bed and you talk, you talk about what you need. You talk about how much you’re worried about being able to pay the bills. Well ladies and gentlemen, that’s not a worry that John McCain has to worry about. It’s a pretty hard experience — he’ll have to figure out which of the seven kitchen tables to sit at.
As Biden says, McCain’s plan would give America’s 200 largest corporations $45 billion in tax breaks, $4 billion to the top five oil companies, and $2 billion to the top 10 health insurance companies. And as the Tax Policy Center reported, McCain’s plan has no benefit for the poorest taxpayers.