A side-by-side comparison of the candidates’ views on money.
Barack Obama
John McCain
Health care: Guaranteed coverage for all. Coverage mandatory under age 21. Benefits are portable.
Health care: Tax credits for insurance coverage. Portable insurance policies. Alternative health care access.
Social Security: Raise cap on taxable wages. No privatization. No raising retirement age.
Social Security: Supports personal retirement account. Believes reform is possible without tax increase. Will develop a reform plan, and ask Congress for one as well.
Subprime: New penalties for mortgage fraud. Mandate accurate loan disclosure. Establish fund to avert foreclosure.
Subprime: Supports federal intervention to ease subprime mortgage pain. No specific steps pledged.
Jobs: Create jobs with energy independence plan. Increase funding for workforce training programs. Double federal funding for research and development.
Jobs: Turn unemployment insurance program into retraining program. Strengthen education to improve workforce skills. Provide supplemental income to displaced, older workers who take new jobs.
Taxes: $500 tax credit per person. Universal mortgage credit. Eliminate income tax for some seniors.
Taxes: Repeal the alternative minimum tax. Reform estate tax. Ban Internet taxes and cell phone taxes.
This information was captured from Bankrate.com. To read more detailed facts click here.
1.
Elizabeth | July 25, 2008 at 4:41 AM
interesting, thanks for posting