Phil Gramm quits as Co-Chair of McCain Campaign

STATEMENT BY SENATOR PHIL GRAMM

For Immediate Release

This was posted on Michelle Malkin's blog this morning.

Contact: Press Office

Friday, July 18, 2008

703-650-5550

ARLINGTON, VA — Today, former U.S. Senator Phil Gramm issued the following statement:

“It is clear to me that Democrats want to attack me rather than debate Senator McCain on important economic issues facing the country. That kind of distraction hurts not only Senator McCain’s ability to present concrete programs to deal with the country’s problems, it hurts the country. To end this distraction and get on with the real debate, I hereby step down as Co-Chair of the McCain Campaign and join the growing number of rank-and-file McCain supporters.”

The real question is, did Gramm quit the campaign because the Democrats attacked him or because McCain attacked him after his public comments about the recession being a perception instead of a reality.