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| McCain vows fight-back on economy | McCain vows fight-back on economy |
| (about 1 hour later) | |
| Republican US presidential candidate John McCain is preparing to unveil a new economic plan, as he vows to overhaul Barack Obama's poll lead. | Republican US presidential candidate John McCain is preparing to unveil a new economic plan, as he vows to overhaul Barack Obama's poll lead. |
| A McCain aide said the plan would focus on "those most badly hurt: workers, homeowners, savers and seniors". | A McCain aide said the plan would focus on "those most badly hurt: workers, homeowners, savers and seniors". |
| It comes a day after Senator Obama gave details of his own "economic rescue plan for the middle class" in Ohio. | It comes a day after Senator Obama gave details of his own "economic rescue plan for the middle class" in Ohio. |
| Mr McCain told supporters it was too early to count him out, despite a poll giving Mr Obama a double-digit lead. | Mr McCain told supporters it was too early to count him out, despite a poll giving Mr Obama a double-digit lead. |
| "We're six points down," he told a rally in the key state of Virginia. | "We're six points down," he told a rally in the key state of Virginia. |
| "The national media has written us off... But they forgot to let you decide. My friends, we've got them just where we want them." | "The national media has written us off... But they forgot to let you decide. My friends, we've got them just where we want them." |
| The ABC/Washington Post poll, released on Monday, suggested the Democrat had a margin of 53% support to 43% for Mr McCain. | The ABC/Washington Post poll, released on Monday, suggested the Democrat had a margin of 53% support to 43% for Mr McCain. |
| Of those voters who rate the economy as the most important issue, 62% favour Mr Obama, while 33% prefer Mr McCain. | Of those voters who rate the economy as the most important issue, 62% favour Mr Obama, while 33% prefer Mr McCain. |
| Jobs fears | Jobs fears |
| Mr McCain used his campaign stops on Monday to criticise the economic policies of Republican President George W Bush. If McCain can focus on the issues, he might claw back some ground Matthew Price: Campaign Trail | Mr McCain used his campaign stops on Monday to criticise the economic policies of Republican President George W Bush. If McCain can focus on the issues, he might claw back some ground Matthew Price: Campaign Trail |
| "We cannot spend the next four years as we have spent much of the last eight: waiting for our luck to change," he said. | "We cannot spend the next four years as we have spent much of the last eight: waiting for our luck to change," he said. |
| "The hour is late; our troubles are getting worse; our enemies watch. We have to act immediately. We have to change direction now. We have to fight." | "The hour is late; our troubles are getting worse; our enemies watch. We have to act immediately. We have to change direction now. We have to fight." |
| Mr McCain reiterated previous pledges to "buy up bad mortgages" and to allow retirees and people nearing retirement to "keep their money in their retirement accounts longer" but did not set out his new plan. | Mr McCain reiterated previous pledges to "buy up bad mortgages" and to allow retirees and people nearing retirement to "keep their money in their retirement accounts longer" but did not set out his new plan. |
| Mr Obama's economic rescue plan, outlined on Monday, consisted of four main proposals. | Mr Obama's economic rescue plan, outlined on Monday, consisted of four main proposals. |
| Barack Obama on his proposals for the economy | Barack Obama on his proposals for the economy |
| The Illinois senator said he would suspend home foreclosures by some banks for 90 days and give firms a $3,000 (£1,735) tax credit for every job they create. | The Illinois senator said he would suspend home foreclosures by some banks for 90 days and give firms a $3,000 (£1,735) tax credit for every job they create. |
| He also pledged to let people withdraw up to 15% of their pension plans (or $10,000) without tax penalties and to create a federal fund that would lend to city and state governments. | He also pledged to let people withdraw up to 15% of their pension plans (or $10,000) without tax penalties and to create a federal fund that would lend to city and state governments. |
| "It's a plan that begins with one word that's on everyone's mind, and it's spelled J-O-B-S," he told the crowd. | "It's a plan that begins with one word that's on everyone's mind, and it's spelled J-O-B-S," he told the crowd. |
| At his rallies, Mr McCain reiterated previous pledges to "buy up bad mortgages" and to allow retirees and people nearing retirement to "keep their money in their retirement accounts longer". | At his rallies, Mr McCain reiterated previous pledges to "buy up bad mortgages" and to allow retirees and people nearing retirement to "keep their money in their retirement accounts longer". |
| 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. |
| Over the weekend, the Republican candidate became embroiled in a war of words after a civil rights icon, Democratic congressman John Lewis, said the tone of his campaign had reminded him of 1960s segregationist George Wallace. |