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McCain to CNBC: 'I'd Fight Against Any Tax Increase'

Presidential candidate Sen. John McCain (R-Ariz.) joined CNBC's Larry Kudlow on "Kudlow & Co." to discuss the economic strategy he would pursue if he were elected America's commander-in-chief in 2008.

McCain, the ranking member of the Senate Committee on Armed Services -- and likely America's highest-profile veteran of the Vietnam conflict -- unsuccessfully sought the Republican presidential nomination in the 2000 election.

McCain, the author of "Hard Call," said, "I'd try to keep interest rates low."

"Every investor knows I would fight against any tax increase, and I would do what I could to make the current [Bush Administration-sponsored] tax cuts stay current," McCain said.

"I would fight against this rising tide of protectionism, which we see emerging in the Congress. That is one of the great long-term threats to our economy," the candidate declared.

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