Kudlow revises his cap-and-trade reporting:

...as far as abandoning, that’s not what I said. I wrote that a McCain presidency might resurrect cap-and-trade, although it will be a much different format. But the key point is that several campaign advisors told me that the issue now is jobs and the economy, and of course $4 gas at the pump and $140 oil in the world market ... Hence, the senator is being smart to move away from cap-and-trade and instead support drill, drill, drill for more energy supplies to reduce gas prices, as well as tax-cut plans to spur economic growth and jobs.

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