McCain Supports "Updating" 1872 Mining Law - But Don't Worry - Companies Shouldn't Have To Pay More

[hatrack]

SPARKS - Republican presidential nominee Sen. John McCain told an audience of 1,250 in Sparks Tuesday he will not support new or increased taxes on a nation struggling with a damaged economy. He said, instead, he will sit down with the Democrats in Congress and work out solutions to the nation's problems and that he has faith they can do it. "Americans want us to sit down together and put things together for the benefit of this country," he said.

In those negotiations, he said "everything has to be on the table." But he avoided answering whether "everything" includes tax increases. McCain held a town hall meeting in Sparks, his second in Washoe County this campaign season.

During the meeting and in a roundtable with local reporters afterward, he touched on several Nevada issues including Yucca Mountain and the 1872 Mining Law. McCain repeated his support for nuclear power, saying he wants to build 45 nuclear plants in the U.S. by 2030. And he said he still supports Yucca Mountain but for "storage and reprocessing" rather than just as a dump site. And he said Yucca Mountain "has to go through the requirements so environmental and safety concerns are met."

McCain said he believes the 1872 mining law needs to be updated. "Hello. Times have changed," he said adding that the act should be reviewed thoroughly and brought up to date. "I'm not saying that would automatically have them paying more," he said.

EDIT

http://www.lahontanvalleynews.com/article/20080730/NEWS/76743801/1055/SPORTS&parentprofile=-1

[phantom power]

1. "Now I'm not saying that would automatically have them paying more!"

Oh no, John, let's not get crazy.

:rofl: