Is John McCain a crypto-Democrat?

The Wall Street Journal reports:

John McCain would pay for his health plan with major reductions to Medicare and Medicaid, a top aide said, in a move that independent analysts estimate could result in cuts of $1.3 trillion over 10 years to the government programs.

I guess the McCain campaign is pulling out of Florida? Not to put too fine a point on it, but proposing cuts Medicare and Medicaid in an election year is COMPLETELY INSANE.

This can't be true... it really can't. As Chait says, even 1984 era Reagan would have gotten trounced for suggesting such a thing.

I understand that the McCain camp loves the Hail Mary pass, but that's a Hail Mary thrown towards the wrong end zone. Jeebus.

I presume we'll be getting a repudiation and Douglas Holtz-Eakin resignation shortly.