U.S. Democratic presidential nominee Barack Obama has dismissed Republican assertions that his tax policy amounts to socialism -- he says the attack is a sign that his rival, John McCain, has run out of ideas.
In the eastern state of Virginia today (Wednesday) -- with 13 days to go before the election -- Senator Obama said his plan is to reverse tax cuts that President George Bush gave to wealthy Americans. He noted that Senator McCain opposed the tax cuts in 2000, when he was running against then-Governor Bush for the Republican presidential nomination.
In the northeastern state of New Hampshire today, McCain questioned whether Obama, a first-term senator, is ready to lead the country, particularly at a time when America faces what he called a "dangerous world."
Earlier, Obama insisted he is up for the challenge of being commander-in-chief, and he said the next president must closely monitor foreign affairs. He made his case at a news conference, after meeting with his national security advisers.
Several new voter surveys say Obama has opened a double-digit lead over McCain.