Wednesday, November 12, 2008

Obama: How Many Promises Will He Keep?

Here is a great article from IBD Editorial. It outlines the many specific promises Obama has made throughout his campaign. The authro suggests we clip it, save it and see how well he's done in 4 years. It is quite staggering to look at this list.

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.

---I'll post the rest of the promises tomorrow.

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