John McCain has been around Washington long enough to remember the days when Republicans constantly clashed among themselves over fiscal policy. Were they the party of Jack Kemp, of supply-side economics and big tax cuts, or the party of Bob Dole and the green eyeshade economics of deficit reduction?
McCain today finds himself with a foot in both camps, though tentatively. He remains an unconvincing tax cutter but he is also an unpersuasive deficit hawk, at least on the basis of his latest economic plan.
And following that observation, Balz served up the Quote of the Day: "He is a pure reflection of the Republican Party he seeks to lead." Hard to argue with that.