John McCainJohn McCainOvernight Cybersecurity: Obama commutes Chelsea Manning's sentence | A malware mystery Overnight Defense: Obama commutes Manning's sentence | Boeing sees 'progress' on Air Force One costs | McCain's 0B defense budget McCain: Leak of Trump dossier ‘totally wrong’ MORE is expected to propose, in an economic address scheduled for this morning in Pittsburgh, that the federal government suspend gasoline taxes for the summer, stop discretionary spending for one year to evaluate programs, and double the tax exemption for dependents.

The proposals were outlined in a release sent out by McCain's campaign ahead of the speech. According to the release, McCain wants to suspend the 18.4 cent gasoline tax from Memorial Day to Labor Day, double the tax exemption for dependents from $3,500 to $7,00, and stop discretionary spending on programs other than "essential military and veterans programs." The spending pause would not include entitlement programs such as Medicare and Social Security, for which spending is mandatory.