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Barack Obama & Biden John McCain & Sarah Palin. How are the Economic plans of Obama & McCain differs?. The Economic Plan. Relating to economics, or the economy or business activities of a country. http://www.kspr.com/news/local/31321704.html. Obama’s - Biden Plan.
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The Economic Plan • Relating to economics, or the economy or business activities of a country. • http://www.kspr.com/news/local/31321704.html
Obama’s- Biden Plan • Plan to spend $150 billion over 10 years to develop renewable energy sources ( which will create thousands of jobs in the state to build wind turbines and solar panels) • Eliminate income taxes for seniors making less than $50,000 • Fight for fair trade • Amend the North American Free Trade Agreement • Improve Transition Assistance • End tax breaks for companies that send jobs overseas
Obama’s- Biden Plan • To give a $4,000 a year tuition aid to college students • Tax cut for Americans making less than $150,000 • A more aggressive foreclosure prevention • 26 week limit to help unemployment • Provide tax credits up to $500 for single person & up to $1000 for families • Increase minimum wages • Tax cut to working families to help pay for childcare
Obama’s- Biden Plan • Invest in a clean energy economy • Create 5 million New Green Jobs • Create a National Infrastructure Reinvestment Bank • Invest in the sciences and Technology • Make the research and development tax credit permanent • Deploy next generation broadband • Establish a credit card bill of right to protect consumers
McCain’s-Palin Plan • Lower gas prices • Reduce the price of oil • Institute a summer gas tax holiday • Rolling back corn-based ethanol which contribution to the rising cost of food • Stop the face of foreclosure in homes • Help 200,000 to 400,000 homeowners keep their residences • Lower individual tax rates for buisnesses and corporations
McCain’s-Palin Plan • Balance the nations budget by 2013 • Offer a direct refundable tax credit to offset the cost of insurance • Expand domestic oil drilling • Suspend the federal gas tax • Keep tax rate low • Cut the corporate tax rate from 35 to 25% • Allow first year deduction or “Expensing” of equipment and technology • Establish permanent tax credit equal to 10% of wages
McCain’s-Palin Plan • Ban internet taxes • Ban new cell phone taxes • Lower health care cost • More portable insurance • Issue a clean car challenge • Propose a $300 million prize to improve battery technology
Summary of Obama-Mccains plan • Increase minimum wages • Fight for fair trade • Create a National Infrastructure Reinvestment Bank • Invest in the sciences and Technology • Rolling back corn-based ethanol which contribution to the rising cost of food • Issue a clean car challenge • Ban new cell phone taxes • More portable insurance
MAKE SURE YOU VOTE ON NOV. 4 LET YOUR VOICE BE HEARD!!!!!!!!!