Obama's "Revitalize the Economy" Agenda

by EverythingFinance | November 15, 2008 at 08:14 pm
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Obama's "Revitalize the Economy" Agenda

According to Barack Obama's transition web site, the number ONE issue that the Obama administration will address is "Revitalize the Economy".
The step-by-step plan on how to do it has also been outlined. I hope this level of transparency with the American People is maintained throughout Obama's Presidency.

Jumpstart the Economy

  • Enact a Windfall Profits Tax to Provide a $1,000 Emergency Energy Rebate to American Families:Barack Obama and Joe Biden will enact a windfall profits tax on excessive oil company profits to give American families an immediate $1,000 emergency energy rebate to help families pay rising bills. This relief would be a down payment on the Obama-Biden long-term plan to provide middle-class families with at least $1,000 per year in permanent tax relief.

  • Provide $50 billion to Jumpstart the Economy and Prevent 1 Million Americans from Losing Their Jobs: This relief would include a $25 billion State Growth Fund to prevent state and local cuts in health, education, housing, and heating assistance or counterproductive increases in property taxes, tolls or fees. The Obama-Biden relief plan will also include $25 billion in a Jobs and Growth Fund to prevent cutbacks in road and bridge maintenance and fund school reĀ­pair - all to save more than 1 million jobs in danger of being cut.

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