The Times West Virginian

West Virginia

July 19, 2008

McCain proposes $2B for clean coal


“We’re sitting on the world’s largest coal reserves,” he said. “We are dependent of foreign oil to the point where it is an economic, environmental and international security issue, so we must make use of coal, and I believe we can through the use of clean coal technologies.”

On other energy issues, McCain is more in line with his Republican colleagues. He has called for an end to a federal ban on offshore oil drilling and promotes expansion of domestic oil and natural gas drilling. He has proposed building 45 new nuclear plants by 2030, calling them a clean alternative that doesn’t emit greenhouse gases. McCain also is proposing a federal fuel tax holiday to help motorists cope with rising gas prices.


Another area where McCain is sticking close with his party is in tax policy.

The candidate has pledged to extend several tax cuts made by the Bush administration that are set to expire in 2011. McCain had at one time opposed the cuts, but later switched his position. Democrats argue the tax cuts largely favor the well-to-do rather than middle-class families.

“To raise taxes during a time of economic difficulties will make the situation far worse,” McCain said, explaining his reasoning.

McCain also is proposing a handful of his own tax cuts. He wants to lower the corporate tax rate from 35 percent to 25 percent, saying the current rate is the second highest in the world and discourages business investment.

For families, he is proposing doubling the exemption for dependents from $3,500 to $7,000 per dependent. McCain said he also would push to eliminate the alternative minimum tax, a potential tax on the middle class Congress has been working to cut off but has so far failed to do so.

“If you want to raise taxes, I’m not your candidate,” he said. “Sen. Obama is. He is the one who wants to raise taxes.”

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West Virginia
  • I-77 tunnel repair complete

    Repairs to an Interstate 77 tunnel along the Virginia-West Virginia border have been completed following a truck fire.

    July 30, 2014

  • Another tornado confirmed in West Virginia

    Another tornado has been confirmed in West Virginia.

    July 30, 2014

  • Pierpont, WVU-Parkersburg enter transfer agreement

    West Virginia University at Parkersburg has signed a transfer agreement with Pierpont Community & Technical College.

    July 30, 2014

  • Repairs set for I-77 tunnel

    Some lanes of an Interstate 77 tunnel along the Virginia-West Virginia border where a truck fire occurred are being rerouted for repairs.

    July 29, 2014

  • Veterans crisis center coming to Clarksburg

    The long delays for veterans seeking medical care at VA hospitals have prompted The American Legion to plan a short-term crisis center in Clarksburg.

    July 29, 2014

  • Weekend tornado confirmed in West Virginia

    The National Weather Service has confirmed a tornado touched down in Pleasants and Ritchie counties over the weekend.

    July 29, 2014

  • Rahal: Fund VA reform ‘for our veterans’

     On the cusp of Congress’s lengthy summer break, factions sparring over legislation to strengthen health care and funding reforms for the Department of Veterans Affairs may have reached a compromise.
    Although final details are still in the works, the top two negotiators, Sen. Bernard Sanders, I-Vt., and Rep. Jeff Miller, R-Fla., released a joint statement that said they had “made significant progress toward and agreement on legislation to make VA more accountable and to help the department recruit more doctors, nurses and other health-care professionals.”

    July 29, 2014

  • Attorney general reaches $950,000 settlement with three financial groups

    West Virginia’s attorney general has reached a $950,000 settlement with three companies over allegations of antitrust law violations.

    July 28, 2014

  • Woman convicted in teen’s slaying moved

    A Monongalia County teenager has been transferred to a state prison to complete her sentence for the slaying of another teenager.
    The Lakin Correctional Center near Point Pleasant said Friday Rachel Shoaf has been booked at the Division of Corrections prison. Shoaf turned 18 last month and had been held in a juvenile facility.

    July 26, 2014

  • Board suspends clinic operator’s license

    A West Virginia board Friday suspended the license of the operator of a pain management clinic where investigators found syringes were being reused. It was the second disciplinary action involving the doctor’s license within a decade.

    July 26, 2014

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