Obama Presidency
By: Mike • Essay • 388 Words • February 11, 2010 • 887 Views
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I would vote for Barack Obama.
Taxes
Obama opposes Bush's tax cuts for upper-income taxpayers proposed for this year. In order to stimulate the economy he would give a tax cut to the lower and middle classes. He would also endorse tax cuts for senior citizens earning below a certain amount and people working at minimum wage.
Economic Stimulus
Obama has in mind an initial tax cut for workers, but if the economy is still going down hill, he will add another. He plans also to help out those affected by the housing crisis and to broaden unemployment insurance.
War in Iraq
Although he says that the war should end now, he plans on withdrawing troops from Iraq slowly, taking approximately 16 months to complete. He also states that an unspecified amount of troops might have to stay back in Iraq to “protect diplomats and carry out strikes against al-Qaida.”
Health Care
Obama would institute a new plan for those who don’t have the resources to cover health, as well as a National Health Insurance Exchange to help out small businesses and individuals. He would also strive to help make coverage more affordable. Obama believes in mandatory health insurance coverage for children but not adults.
Environment
Obama would move to have carbon emissions cut down by 80% by 2050, and move the fuel-economy standard