John McCainJohn Sidney McCainThe electoral reality that the media ignores Kelly's lead widens to 10 points in Arizona Senate race: poll COVID response shows a way forward on private gun sale checks MORE is rolling out his economic plan and hitting Barack ObamaBarack Hussein ObamaThe Hill's 12:30 Report - Presented by Facebook - Don't expect a government check anytime soon Trump appointees stymie recommendations to boost minority voting: report Obama's first presidential memoir, 'A Promised Land,' set for November release MORE's on Monday.

McCain's plan, which he released Monday and has dubbed "Jobs for America," calls for lower taxes, more free trade agreements and a balanced federal budget by 2013. McCain has also been rehashing his proposals for more domestic oil drilling and a gas tax holiday, measures he said would help stem the country's dependence on foreign energy sources and soften the blow of high gas prices for Americans.

McCain, in a speech in Denver, attacked Obama as someone who would increase Americans' tax burden and who is unwilling to take necessary steps to address U.S. energy problems.

"The choice in this election is stark and simple," McCain said according to prepared remarks. "Sen. Obama will raise your taxes. I won't. I will cut them where I can. Jobs are the most important thing our economy creates. When you raise taxes in a bad economy you eliminate jobs. I'm not going to let that happen."

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Download the McCain campaign's summary of the plan here.