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Economy

Barack's plan to bring about real change for our economy

$1,000 Tax Cut for Middle Class American Families

Barack Obama and Joe Biden will cut income taxes by $1,000 for working families, because the economy needs to be revitalized from the bottom up, not the top down. Read more »

Energy Rebates

Obama and 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 pay for rising bills. Read more »

Create Jobs through Fair Trade

Obama and Biden believe that trade with foreign nations should create American jobs, not send them overseas. They will stand firm against agreements that undermine our economic security. Read more »

Create Five Million Green Jobs

Obama and Biden believe that we should invest in innovation, including manufacturing jobs in the growing clean energy market -- freeing us from our dependence on foreign oil within a decade and creating five million green jobs. Read more »

New Jobs Through National Infrastructure Investment

Obama and Biden believe that rebuilding our highways, bridges, roads, ports, and air and train systems will create jobs, ensure safety, and bolster our long-term competitiveness. Read more »

Technology, Innovation and Creating Jobs

Obama and Biden will increase federal support for research and technology, and promote innovation in our companies and universities so that American workers can lead the world in developing cutting-edge jobs and products. Read more »

Support Small Business

Obama and Biden will level the playing field by eliminating all capital gains taxes on start-ups and small businesses. Read more »

Labor

Obama and Biden will strengthen the ability of workers to organize for fair wages, health care, and secure pensions. Obama and Biden will fight for the passage of the Employee Free Choice Act. Obama and Biden will ensure that labor appointees support workers' rights and will work to ban the permanent replacement of striking workers. Obama and Biden will also increase the minimum wage and make sure it remains a living wage year after year. Read more »

Protect Homeownership and Crack Down on Mortgage Fraud

Obama and Biden will crack down on fraudulent brokers and lenders, make sure home-buyers have honest and complete information about their mortgage options, and give a tax credit to all middle-class homeowners. Read more »

Address Predatory Credit Card Practices

Obama and Biden will establish a five-star rating system so that every consumer knows the risk involved in credit card borrowing. They will establish a Credit Card Bill of Rights to stop credit card companies from exploiting consumers with unfair practices. Read more »

Reform Bankruptcy Laws

Obama and Biden will reform our bankruptcy laws to protect working people, ban executive bonuses for bankrupt companies, and require the disclosure of all pension investments. Read more »

Work/Family Balance

Obama and Biden will help working families by doubling funding for after-school programs, expand the Family Medical Leave Act, provide low-income families with a refundable tax credit to help with child-care expenses, and encourage flexible work schedules. Read more »

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