Launching a two-week focus on the ailing U.S. economy, Obama drew a sharp contrast with Republican John McCain, his rival in the November election, accusing him of a "full-throated endorsement" of President George W. Bush's fiscal policies, including tax breaks for oil companies.Every week people pay for gas, for food, for plane tickets, for everything that is going through the roof. This is a smart move, defining the election as being about the economy - a topic that John McCain admits he knows nothing about.
"I'll make oil companies like Exxon pay a tax on their windfall profits, and we'll use the money to help families pay for their skyrocketing energy costs and other bills," the Illinois senator said.
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Obama to make oil companies pay for windfall profits
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