A Checklist Of
Obama's Many Promises
By INVESTOR'S
BUSINESS DAILY | Posted Monday, November 10, 2008 4:20 PM PT
Few presidential
candidates have made more specific promises to American voters than Barack
Obama. They came so fast and furious in the latter part of the campaign, you'd
be excused for not keeping up. So as a public service, we've put together a
handy checklist of some of the biggest Obama promises — culled from his
"Blueprint for Change," his campaign speeches and advertisements.
Clip it. Save it. And see how he did in four years.
Taxes
• Give a tax break
to 95% of Americans.
• Restore
Clinton-era tax rates on top income earners.
• "If you make
under $250,000, you will not see your taxes increase by a single dime. Not your
income taxes, not your payroll taxes, not your capital gains taxes.
Nothing."
• Dramatically
simplify tax filings so that millions of Americans will be able to do their
taxes in less than five minutes.
• Give American
businesses a $3,000 tax credit for every job they create in the U.S.
• Eliminate capital
gains taxes for small business and startup companies.
• Eliminate income
taxes for seniors making under $50,000.
• Expand the child
and dependent care tax credit.
• Expand the earned
income tax credit.
• Create a universal
mortgage credit.
• Create a small
business health tax credit.
• Provide a $500
"make work pay" tax credit to small businesses.
• Provide a $1,000
emergency energy rebate to families.
Energy
• Spend $15 billion
a year on renewable sources of energy.
• Eliminate oil
imports from the Middle East in 10 years.
• Increase fuel
economy standards by 4% a year.
• Weatherize 1
million homes annually.
• Ensure that 10% of
our electricity comes from renewable sources by 2012.
Environment
• Create 5 million
green jobs.
• Implement a
cap-and-trade program to reduce greenhouse gas emissions.
• Get 1 million
plug-in hybrids on the road by 2015.
Labor
• Sign a fair pay
restoration act, which would overturn the Supreme Court's pay discrimination
ruling.
• Sign into law an
employee free choice act — aka card check — to make it easier for unions to
organize.
• Make employers
offer seven paid sick days per year.
• Increase the
minimum wage to $9.50 an hour by 2009.
National security
• Remove troops from
Iraq by the summer of 2010.
• Cut spending on
unproven missile defense systems.
• No more homeless
veterans.
• Stop spending $10
billion a month in Iraq.
• Finish the fight
against Osama bin Laden and the al-Qaida terrorists.
Social Security
• Work in a
"bipartisan way to preserve Social Security for future generations."
• Impose a Social
Security payroll tax on incomes above $250,000.
• Match 50% of
retirement savings up to $1,000 for families earning less than $75,000.
Education
• Demand higher
standards and more accountability from our teachers.
Spending
• Go through the
budget, line by line, ending programs we don't need and making the ones we do
need work better and cost less.
• Slash earmarks.
Health care
• Lower health care
costs for the typical family by $2,500 a year.
• Let the uninsured
get the same kind of health insurance that members of Congress get.
• Stop insurance
companies from discriminating against those who are sick and need care the
most.
• Spend $10 billion
over five years on health care information technology.
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