Image via WikipediaInternational Business Daily gathered a list of Obama‘s promises last November just after the election. You can use this as a score card to see how honest Obama is and whether or not he is really looking out for you during the 4 years of his first and perhaps only term:
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.
- American Health Care–Posner’s Comment (becker-posner-blog.com)
- Tax On ‘Gold-Plated’ Health Care Plans Gains Ground (huffingtonpost.com)
- Official: One son of Osama bin Laden likely dead (cnn.com)
- Better Ways to Pay For Health Care: Taxing Health Benefits (andrewsullivan.theatlantic.com)
- The rich will pay for everyone’s health care (pharmastats.blogspot.com)