McCain: Obama Ad "Paid For With Broken Promises"

In Palm Beach, Florida, today Sen. John McCain, R-Ariz., attacked Sen. Barack Obama's pending 30-minute prime-time address as a "gauzy, feel-good commercial," that was "paid for with broken promises."

McCain was referring to Obama's announcement in June that he would break his promise to enter into the public financing system.

In November 2007, Obama answered "Yes" to Common Cause when asked "If you are nominated for President in 2008 and your major opponents agree to forgo private funding in the general election campaign, will you participate in the presidential public financing system?"

Obama wrote: "If I am the Democratic nominee, I will aggressively pursue an agreement with the Republican nominee to preserve a publicly financed general election."

He didn't.

"Senator Obama signed a piece of paper committing to public financing of his campaign if I did," McCain said. "Twice he looked the American people in the eye and said he would sit down with me before he abandoned public financing. He didn't mean a word of it."

"That is what concerns small business owners and people all over this country," McCain said. "Senator Obama's word doesn't appear to mean that much. When he tells America tonight that he's going to cut taxes for the middle class, people wonder if he'll keep his word because his record, his record is supporting higher taxes on working families."

-- Jake Tapper and Bret Hovell

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