Increase the capital gains and dividends taxes for higher-income taxpayers
Increase capital
gains and dividends taxes from 15 to 20 percent for those making more
than $250,000 (couples) or $200,000 (single)
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Expand the child and dependent care credit
Create a foreclosure prevention fund for homeowners
Create a $10
billion fund to help homeowners refinance or sell their homes. "The Fund
will not help speculators, people who bought vacation homes or people
who falsely represented their incomes."
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End income tax for seniors making less than $50,000
"Will eliminate all income
taxation of seniors making less than $50,000 per year. This will
eliminate taxes for 7 million seniors -- saving them an average of
$1,400 a year-- and will also mean that 27 million seniors will not need
to file an income tax return at all."
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End no-bid contracts above $25,000
Repeal the Bush tax cuts for higher incomes
Phase out exemptions and deductions for higher earners
Restore the
phaseouts of personal exemptions and itemized deductions for those
making more than $250,000 (couples) or $200,000 (single), with
threshholds indexed for inflation.
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Sign the Employee Free Choice Act, making it easier for workers to unionize
"Obama is a
cosponsor and strong advocate of the Employee Free Choice Act (EFCA), a
bipartisan effort to make the unionization process more transparent and
increase penalties on companies that violate employee rights. He will
sign EFCA into law as president."
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Forbid companies in bankruptcy from giving executives bonuses
"Protect the jobs
and benefits of workers and retirees when corporations file for
bankruptcy by telling companies that they cannot issue bonuses for
executives during bankruptcy while their workers watch their pensions
disappear."
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Allow workers to claim more in unpaid wages and benefits in bankruptcy court
"Increase the amount of unpaid wages and benefits workers can claim in bankruptcy court against their employer."
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Allow imported prescription drugs
"Allow Americans to
buy their medicines from other developed countries if the drugs are
safe and prices are lower outside the U.S."
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Appoint federal-level coordinator to oversee all federal autism efforts
"They will appoint
a Federal ASD Coordinator to oversee federal ASD research and federal
efforts to improve awareness of ASD and improve the training of medical
professionals to identify and treat ASD. By establishing one top-level
point person to coordinate ASD efforts in the White House, they will
ensure that ASD receives the recognition and priority it deserves in the
federal government. The Federal ASD Coordinator will also be tasked
with eliminating bureaucratic obstacles that may be delaying
implementation of important ASD measures and ensuring that all federal
ASD dollars are being spent in a manner that prioritizes results. The
Coordinator will work with state task forces on ASD to ensure effective
communication and collaboration among federal, state, and local
agencies."
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Double federal funding for cancer research
"Will double federal funding for cancer research within 5 years, focusing on NIH (National Institutes of Health) and NCI (National Cancer Institute)."
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Direct the Secretary of Health and Human Services to conduct a comprehensive study of federal cancer initiatives
"As president, Barack
Obama will immediately direct his Secretary of Health and Human
Services, in collaboration with agency officials, academic researchers,
cancer survivors and advocates for people with cancer, and state public
health officials, to comprehensively examine the various cancer-related
efforts of federal agencies, and provide recommendations to eliminate
barriers to effective coordination across federal agencies and between
the federal government and other stakeholders."
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Provide the CDC $50 million in new funding to determine the most effective approaches for cancer patient care
"Will provide the
CDC $50 million in new funding to determine the most effective
approaches that assist not only navigation of cancer patients through
diagnosis and treatment processes, but also provide easy-to-understand
information on the necessary follow-up steps to ensure continued
lifelong health."
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Fully fund the Individuals with Disabilities Education Act (IDEA)
"Barack Obama has
been a strong and consistent advocate for fully funding the Individuals
with Disabilities Education Act (IDEA). Congress promised to shoulder 40
percent of each state's "excess cost" of educating children with
disabilities, but it has never lived up to this obligation. Currently,
the federal government provides less than half of the promised funding
(17 percent)."
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Create a National Commission on People with Disabilities, Employment, and Social Security
Create a national
commission charged with "examining and proposing solutions to work
disincentives in the SSDI, SSI, Medicare, and Medicaid," among other
things.
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Change federal rules so small businesses owned by people with disabilities can get preferential treatment for federal contracts.
"Barack Obama and
Joe Biden would direct the Small Business Administration to amend
regulations under the Small Business Act that provide preferences in
federal contracting to small businesses owned by members of socially and
economically disadvantaged groups to include individuals with
disabilities."
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Reduce the threshold for the Family and Medical Leave Act from companies with 50 employees to companies with 25 employees
"The Family and Medical Leave Act (FMLA) provides eligible employees of larger employers (i.e.,
50 or more employees) with 12 weeks of unpaid leave to care for a
family member's or their own serious health condition. Barack Obama and
Joe Biden will guarantee that millions more workers have access to FMLA
leave by reducing the threshold for which employers are covered from
companies with 50 or more employees to those with 25 or more."
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Provide a $1.5 billion fund to help states launch programs for paid family and medical leave
"As president, Barack Obama and Joe Biden will initiate a 50-state strategy to encourage all of the states to adopt paid-leave systems (as part of the Family and Medical Leave Act). Barack Obama and Joe Biden will provide a $1.5 billion fund to assist states with start-up costs and to help states offset the costs for employees and employers. Obama's Department of Labor will also provide technical information to the states on how to craft paid-leave programs consistent with their local needs."Require employers to provide seven paid sick days per year
"Require that
employers provide seven paid sick days per year – which may be taken on
an hourly basis – so that Americans with disabilities can take the time
off they need without fear of losing their jobs or a paycheck."
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Expand the Family Medical Leave Act to include leave for domestic violence or sexual assault
"Expand the
purposes for which leave can be taken under the Family Medical Leave Act
to include reasons related to domestic violence or sexual assault."
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Form international group to help Iraq refugees
"Will form an
international working group to address" the problem of "more than five
million Iraqis (who) are refugees or are displaced inside their own
country."
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Work with Russia to move nuclear weapons off hair-trigger alert
"The United States
and Russia have thousands of nuclear weapons on hair-trigger alert.
Barack Obama believes that we should take our nuclear weapons off
hair-trigger alert -- something that George W. Bush promised to do when
he was campaigning for president in 2000. Maintaining this Cold War
stance today is unnecessary and increases the risk of an accidental or
unauthorized nuclear launch. As president, Obama will work with Russia
to find common ground and bring significantly more weapons off
hair-trigger alert."
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Close the Guantanamo Bay Detention Center
Develop an alternative to President Bush's Military Commissions Act on handling detainees
"He will reject the Military Commissions Act, which allowed the U.S.
to circumvent Geneva Conventions in the handling of detainees. He will
develop a fair and thorough process based on the Uniform Code of
Military Justice to distinguish between those prisoners who should be
prosecuted for their crimes, those who can't be prosecuted but who can
be held in a manner consistent with the laws of war, and those who
should be released or transferred to their home countries."
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Secure ratification of the Comprehensive Test Ban Treaty (CTBT)
"The United States has maintained a moratorium on testing since 1992. It signed the Comprehensive Test Ban Treaty (CTBT) in 1996, but it has not been ratified yet. Since the U.S.
Senate last considered the treaty in 1999, significant progress has
been made in our verification capability to detect nuclear explosions,
even at extremely low yields, and to ensure confidence in the
reliability of our nuclear stockpile without nuclear testing."
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Reinstate special envoy for the Americas
"In the past,
American presidents have filled the position of special envoy to bring
senior-level attention to hemispheric matters that might otherwise get
buried in the normal diplomatic process. Unfortunately, the position was
eliminated after the post was vacated in June of 2004. As president
Barack Obama will reinstate the position."
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Double the Peace Corps
"Barack Obama will
double the Peace Corps to 16,000 by its 50th anniversary in 2011 and
push Congress to fully fund this expansion, with a focus on Latin
America and the Caribbean."
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Centralize ethics and lobbying information for voters
"Will create a
centralized Internet database of lobbying reports, ethics records, and
campaign finance filings in a searchable, sortable and downloadable
format."
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Create a public "Contracts and Influence" database
"Will create a
'contracts and influence' database that will disclose how much federal
contractors spend on lobbying, and what contracts they are getting and
how well they complete them."
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Allow five days of public comment before signing bills
To reduce bills rushed
through Congress and to the president before the public has the
opportunity to review them, Obama "will not sign any non-emergency bill
without giving the American public an opportunity to review and comment
on the White House website for five days."
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Tougher rules against revolving door for lobbyists and former officials
"No political appointees
in an Obama-Biden administration will be permitted to work on
regulations or contracts directly and substantially related to their
prior employer for two years. And no political appointee will be able to
lobby the executive branch after leaving government service during the
remainder of the administration."
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Double funding for afterschool programs
"Will double funding for
the main federal support for afterschool programs, the 21st Century
Learning Centers program, to serve one million more children."
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Expand the Employment Non-Discrimination Act to include sexual orientation and gender identity
Will "place the weight of (his) administration behind...a
fully inclusive Employment Non-Discrimination Act to outlaw workplace
discrimination on the basis of sexual orientation and gender identity."
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Urge states to treat same-sex couples with full equality in their family and adoption laws
As president, "will
use the bully pulpit to urge states to treat same-sex couples with full
equality in their family and adoption laws."
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Allow bankruptcy judges to modify terms of a home mortgage
Will repeal provisions of
the Chapter 13 law that prohibit bankruptcy judges from modifying the
original terms of home mortgages for ordinary families -- regardless of
whether the loan was predatory or unfair or is otherwise unaffordable --
"so that ordinary families can also get relief that bankruptcy laws
were intended to provide."
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Increase the minimum wage to $9.50 an hour
"Will further
raise the minimum wage to $9.50 an hour by 2011, index it to inflation
and increase the Earned Income Tax Credit to make sure that full-time
workers can earn a living wage that allows them to raise their families
and pay for basic needs such as food, transportation, and housing."
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Restore Superfund program so that polluters pay for clean-ups
"Will restore the
strength of the Superfund program by requiring polluters to pay for the
cleanup of contaminated sites they created."
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Re-establish the National Aeronautics and Space Council
Will re-establish an organizational authority in the federal government with a sufficiently broad mandate to oversee a comprehensive and integrated strategy and policy dealing with all aspects of the government's space-related programs, including those being managed by NASA, the Department of Defense, the National Reconnaissance Office, the Commerce Department, the Transportation Department, and other federal agencies. This Council reporting to the president "will oversee and coordinate civilian, military, commercial and national security space activities. It will solicit public participation, engage the international community, and work toward a 21st century vision of space that constantly pushes the envelope on new technologies as it pursues a balanced national portfolio that expands our reach into the heavens and improves life here on Earth."Support human mission to moon by 2020
Will "endorse the
goal of sending human missions to the Moon by 2020, as a precursor in an
orderly progression to missions to more distant destinations, including
Mars."
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Pay for the national service plan without increasing the deficit
"Will maintain
fiscal responsibility and prevent any increase in the deficit by
offsetting cuts and revenue sources in other parts of the government (to
pay for a national service plan that will cost about $3.5 billion per
year when it is fully implemented). This plan will be paid for in part
by cancelling tax provisions that would otherwise help multinational
corporations pay less in U.S. taxes starting in 2008 by reallocating tax
deductions for interest expenses between income earned in the U.S. and
income earned abroad. The rest of the plan will be funded using a small
portion of the savings associated with ending the war in Iraq."
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Limit term of director of national intelligence
"Will insulate the
Director of National Intelligence from political pressure by giving the
DNI a fixed term, like the Chairman of the Federal Reserve. Obama and
Biden will seek consistency and integrity at the top of our intelligence
community -- not just a political ally."
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Give annual "State of the World" address
"I'll give an annual 'State of the World' address to the American people in which I lay out our national security policy."
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Reduce earmarks to 1994 levels
"Barack Obama is committed to returning earmarks to less than $7.8 billion a year, the level they were at before 1994."
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Enact windfall profits tax for oil companies
"Will require oil
companies to take a reasonable share of their record-breaking windfall
profits and use it to provide direct relief worth $500 for an individual
and $1,000 for a married couple. The relief would be delivered as
quickly as possible to help families cope with the rising price of
gasoline, food and other necessities. The rebates would be fully paid
for with five years of a windfall profits tax on record oil company
profits."
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Create cap and trade system with interim goals to reduce global warming
"Will set a hard
cap on all carbon emissions at a level that scientists say is necessary
to curb global warming - an 80% reduction by 2050. To ensure this isn't
just talk, I will also commit to interim targets toward this goal in
2020, 2030, and 2040. These reductions will start immediately, and we'll
continue to follow the recommendations of top scientists to ensure that
our targets are strong enough to meet the challenge we face."
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Use revenue from cap and trade to support clean energy and environmental restoration
"A small portion
of the receipts generated by auctioning [cap and trade] allowances ($15
billion per year) will be used to support the development of clean
energy, invest in energy efficiency improvements, and help develop the
next generation of biofuels and clean energy vehicles – measures that
will help the economy and help meet the emissions reduction targets. It
will also be used to provide new funding to state and federal land and
wildlife managers to restore habitat, create wildlife migration
corridors, and assist fish and wildlife to adapt to the effects of a
warming climate. All remaining receipts will be used for rebates and
other transition relief to ensure that families and communities are not
adversely impacted by the transition to a new energy, low carbon
economy."
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Require plug-in fleet at the White House
"Within one year of becoming President, the entire White House fleet will be converted to plug-ins as security permits."
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Provide an annual report on "state of our energy future"
Allow penalty-free hardship withdrawals from retirement accounts in 2008 and 2009
"Obama and Biden are
calling for legislation that would allow withdrawals of 15% up to
$10,000 from retirement accounts without penalty (although subject to
the normal taxes). This would apply to withdrawals in 2008 (including
retroactively) and 2009."
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Recognize the Armenian genocide
"Two years ago, I
criticized the Secretary of State for the firing of U.S. Ambassador to
Armenia, John Evans, after he properly used the term 'genocide' to
describe Turkey's slaughter of thousands of Armenians starting in 1915. …
as President I will recognize the Armenian Genocide."
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No family making less than $250,000 will see "any form of tax increase."
"I can make a firm
pledge. Under my plan, no family making less than $250,000 a year will
see any form of tax increase. Not your income tax, not your payroll tax,
not your capital gains taxes, not any of your taxes."
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Negotiate health care reform in public sessions televised on C-SPAN
To achieve health care
reform, "I'm going to have all the negotiations around a big table.
We'll have doctors and nurses and hospital administrators. Insurance
companies, drug companies -- they'll get a seat at the table, they just
won't be able to buy every chair. But what we will do is, we'll have the
negotiations televised on C-SPAN, so that people can see who is making
arguments on behalf of their constituents, and who are making arguments
on behalf of the drug companies or the insurance companies. And so, that
approach, I think is what is going to allow people to stay involved in
this process."
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Create a public option health plan for a new National Health Insurance Exchange.
"The exchange will
require that all the plans offered are at least as generous as the new
public plan and meet the same standards for quality and efficiency."
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