“I’m open — have always been open — to closing loopholes, eliminating special deals for special interests,” McCain, of Arizona, said in an interview on “Political Capital With Al Hunt,” on Bloomberg Television. “If you call that ‘raising revenues,’ I’ve been guilty all my political career” of trying to cut special-interest loopholes. The Senate early today adopted a nonbinding budget blueprint for fiscal 2014 that would reduce U.S. debt through higher taxes for top earners. Lawmakers voted 50-49 to approve the Democratic-sponsored measure, with all the chamber’s Republicans, including McCain, voting no.
McCain, who lost to Obama in the 2008 presidential election, said that in contrast to his first term, the president “has changed significantly” and is reaching out to Republicans. “I am more than willing to give the president of the United States the opportunity to sit down and work with us. And we may have to make some concessions on our side.” “What we would want to have is a really long- term grand bargain, not one of these that lurches a couple of months to a couple of months. And at least the dialogue has begun.”