03/28/2008 02:46 am ET Updated May 25, 2011

McCain Backtracks From "No New Taxes" Pledge

Two weeks ago, Sen. John McCain (R-AZ) took the "Read My Lips" plunge, proclaiming that as president he would not raise taxes for any reason. "No new taxes," he declared twice in an interview with ABC News.

The Wall Street Journal reports today that McCain is now distancing himself from the pledge not to raise taxes, saying his statement was not a firm commitment:

McCAIN: I'm not making a "read my lips" statement in that I will not raise taxes. But I'm not saying I can envision a scenario where I would, OK? But I'm not making it a centerpiece in my campaign.

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