The Senate leadership is looking to McCain to take the lead on tobacco legislation, and McCain has been consulting with the White House, state attorneys general and members of the health community to hammer out a rough outline of a bill.
The Ryan outline by design does not include specifics other than ageneral instruction to the Ways and Means Committee to overhaul the corporate tax code and simplify the seven individual brackets into two tiers with a top rate of 25%.
On Tuesday, the inspector general who monitors the federal bailout programs issued a report calling on the government to outlinea more concrete plan for selling its shares.