Transcript: John McCain Interview with CBS' Katie Couric

Read the full transcript here. Update: This interview was done in early July. To Read the interview from 7-22-08 go here.

Do you need further proof that McCain, if elected, would bomb Iran.

Couric: Would you discourage Israel if their leadership came to you as president and said, we're going to strike Iran's nuclear sites?

McCain: I can’t get into that kind of hypothetical, but the Iranians are testing these missiles not because of reaction because of the Israelis in my view. This is part of a calculated plan, developing nuclear weapons and the means to deliver them. And nations led by all of European friends as well as other countries, we have to impose meaningful, tough, effective sanctions on the Iranians to modify their behavior. We cannot never allow a second holocaust.

Couric: Do you get a sense, Sen. McCain, that an attack by Israel on Iran is imminent?

McCain:I have no idea. I know this: that Iran continues to develop nuclear weapons in violation of various treaties and their own commitments and we need to do everything we can to modify that behavior in the form of very tough economic and other sanctions. Their economy is not strong because of their lousy government.

Couric: What do you think that should be done right now that isn't being done, Senator, in that department?

McCain: Impose tough sanctions. There are European financial institutions that are extending unlimited lines of credit to the Iranians. Shut all of that down. Make things very very tough economically on the Iranians and trade and others ways. I think it can have a beneficial effect.

Of course, McCain can't the question. He reverts to talking points.

Couric: Beyond a summer tax gas holiday plan that no one thinks will pass, are you offering any kind of relief to the American people, who are, as you well know, really struggling right now?

McCain: Well, we quickly have to go off-shore if the states let us and explore and exploit those areas. If you lift the moratorium on offshore exploration then I think that will send a signal and have an effect on gas prices immediately. The gas tax holiday was just a chance to give some people a little bit of a relief, that’s all it was. A lot of people say it was a gimmick and wouldn’t work. A lot of people who are driving the furthest with the most cars, which are low-income Americans, really would like to have a little bit of relief.