John McCain on Federal Reserve Rate Cut Today

"Financial market events raise the urgency of cutting taxes and pro-growth
policies in the United States. Last week I offered a strong, pro-growth plan to
immediately stimulate the economy and strengthen it over the long term. The role
of the Federal Reserve is to ensure that our financial markets are
well-functioning and to support economic growth. I am confident that the action
taken this morning to cut two key rates will support these goals. The U.S.
economy has proven to be quite resilient. I am concerned about financial market
events, but with the right leadership and pro-growth policies the economy can
weather this upheaval."