AP uncritically quoted McCain claim that Obama will "raise taxes" on homeowners

SUMMARY: The Associated Press quoted Sen. John McCain claiming that Sen. Barack Obama will "raise taxes" on homeowners. In fact, Obama has proposed "at least $80 billion a year in tax cuts to middle-class workers, homeowners and retirees," and specifically called for "extending a mortgage credit to taxpayers who do not itemize, generating about $500 in savings for 10 million people."

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