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.
Tuesday, November 3, 2009
Obama's Campaign Promises: One Year Later
About a year ago, Investors Business Daily posted the following list of Obama Campaign Promises.... I thought I'd revisit this more often, but honestly, there hasn't been much to follow. He hasn't done any of them as far as I can tell...
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