McCain seeks tax credit for healthcare

Speaking at the H. Lee Moffitt Cancer Center & Research Institute in Tampa, FL, Republican presidential candidate John McCain said he would offer families a $5,000 tax credit to help buy insurance policies. Anyone could get the credit under the plan, and those who like their company healthcare plan could choose to stay in it. The credit would be available as a rebate to people at lower income levels who have no tax liability. McCain still did not outline the total cost of the plan or provide an estimate of how many people it would help.