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Obama to reveal economic package | Obama to reveal economic package |
(about 1 hour later) | |
Democratic US presidential candidate Barack Obama is set to unveil an "economic rescue plan for the middle class" at a campaign event in Ohio. | Democratic US presidential candidate Barack Obama is set to unveil an "economic rescue plan for the middle class" at a campaign event in Ohio. |
He has a double-digit poll lead over his Republican rival John McCain, a new ABC/Washington Post poll suggests. | He has a double-digit poll lead over his Republican rival John McCain, a new ABC/Washington Post poll suggests. |
Senator McCain will try to revive his flagging poll ratings with a campaign speech in the key state of Virginia. | Senator McCain will try to revive his flagging poll ratings with a campaign speech in the key state of Virginia. |
Aides to Mr McCain say that he will not be making any specific economic proposals in his speech. | Aides to Mr McCain say that he will not be making any specific economic proposals in his speech. |
Major address | Major address |
Senator Lindsey Graham, an economic adviser to Mr McCain, had earlier suggested that the Republican candidate was considering a reduction in capital gains tax. | Senator Lindsey Graham, an economic adviser to Mr McCain, had earlier suggested that the Republican candidate was considering a reduction in capital gains tax. |
But McCain aides now say that any such plan will not be unveiled until later this week. | But McCain aides now say that any such plan will not be unveiled until later this week. |
Thelma Drake has just said, 'Sarah Palin is a breath of fresh air' - the crowd loves it href="http://www.bbc.co.uk/blogs/thereporters/matthewprice/2008/10/palins_cheer.html">Matthew Price: Campaign Trail | |
"We will likely have further proposals this week as economic news and conditions change," said McCain spokesman Tucker Bounds. | "We will likely have further proposals this week as economic news and conditions change," said McCain spokesman Tucker Bounds. |
Illinois Senator Obama is scheduled to give a "major policy address" in Toledo, Ohio, his campaign said, to outline an "economic rescue plan for the middle class". | Illinois Senator Obama is scheduled to give a "major policy address" in Toledo, Ohio, his campaign said, to outline an "economic rescue plan for the middle class". |
As the recent economic turmoil has unfolded, Mr Obama, 47, has been enjoying a surge in the polls. | As the recent economic turmoil has unfolded, Mr Obama, 47, has been enjoying a surge in the polls. |
According to the ABC News/Washington Post poll, of those voters who rate the economy as their most important issue, 62% favour Mr Obama, while 33% prefer Mr McCain. | According to the ABC News/Washington Post poll, of those voters who rate the economy as their most important issue, 62% favour Mr Obama, while 33% prefer Mr McCain. |
Mr McCain's team has indicated a change of tack after a series of personal attacks on Mr Obama. | Mr McCain's team has indicated a change of tack after a series of personal attacks on Mr Obama. |
You can sense the optimism of the Democrats. Much as they try, they can't disguise it. Gavin Hewitt: Campaign Trail | You can sense the optimism of the Democrats. Much as they try, they can't disguise it. Gavin Hewitt: Campaign Trail |
Among all voters, Mr Obama leads Mr McCain by 53% to 43%. | Among all voters, Mr Obama leads Mr McCain by 53% to 43%. |
Over the weekend, the Republican candidate became embroiled in a war of words after clashing with a civil rights icon. | Over the weekend, the Republican candidate became embroiled in a war of words after clashing with a civil rights icon. |
Democratic congressman John Lewis accused Mr McCain's campaign of "sowing hatred" against his opponent and said he had been reminded of 1960s segregationist George Wallace. | Democratic congressman John Lewis accused Mr McCain's campaign of "sowing hatred" against his opponent and said he had been reminded of 1960s segregationist George Wallace. |
Arizona Senator McCain, 72, who recently said Mr Lewis was one of his most admired Americans, called the reference "beyond the pale". | Arizona Senator McCain, 72, who recently said Mr Lewis was one of his most admired Americans, called the reference "beyond the pale". |
Mr McCain has also tried to cool his supporters' resentment of Mr Obama, for which he won praise from his opponent. | Mr McCain has also tried to cool his supporters' resentment of Mr Obama, for which he won praise from his opponent. |
In Minnesota on Friday, Mr McCain defended Mr Obama after some at the town hall meeting labelled him a "terrorist", "an Arab", a "traitor" and a candidate who inspired fear. | In Minnesota on Friday, Mr McCain defended Mr Obama after some at the town hall meeting labelled him a "terrorist", "an Arab", a "traitor" and a candidate who inspired fear. |