The Obama administration is practicing "trickle down" economic policies, Sen. John McCainJohn McCainTrump fires opening salvo in budget wars Overnight Finance: Trump budget to boost military, slash nondefense spending | Senate confirms Commerce pick | House Intel chief won't subpoena tax returns Overnight Defense: Trump proposes 3B defense budget | Defense hawks say proposal falls short | Pentagon to probe Yemen raid MORE (R-Ariz.) argued this weekend.

McCain took the unusual step of using rhetoric often employed to deride Republican policies to hit the Democratic administration's economic management.

"You know, I hate to use the word but it seems to me that the philosophy of Tim Geithner and Ben Bernanke is trickle down, you know?" McCain said in an interview with the Wall Street Journal. "Save Wall Street, save these financial institutions and then maybe they