WASHINGTON, Jan. 25 (UPI) -- John McCain, the senator from Arizona who lost the presidency to Barack Obama, said Sunday he cannot support Obama's economic stimulus plan as it now stands.
In an appearance on "Fox News Sunday," the Republican senator said there are only parts of the plan he supports.
"The plan was written by the Democratic majority in the House, primarily, and so, yeah, I think there has to be major rewrite," McCain said on Fox News Sunday. "I am opposed to most of the provisions in the bill; as it stands now, I would not support it."
McCain said he wanted to work with the Obama administration and Democrats to craft a compromise package that would pass Congress.
"Clearly we need to have serious negotiations," McCain said. "I think we can sit down in three weeks and work hard and negotiate and come to some agreement, hopefully."
In his weekly radio and Internet address, Obama said the plan would, among other things, create jobs and protect workers from losing healthcare benefits.
"This is not just a short-term program to boost employment," Obama said. "It's one that will invest in our most important priorities like energy and education, health care and a new infrastructure that are necessary to keep us strong and competitive in the 21st century."
