BARACK OBAMA ON STRENGTHENING THE MIDDLE CLASS
Lower Health Care Costs and Increase Access
Obama will sign legislation by the end of his first term in office that will provide quality, affordable and portable health care to every single American. His plan will save a typical family up to $2,500 every year by modernizing the U.S. health care system to contain costs, promoting
prevention, and strengthening public health. Obama also supports ensuring workers have seven days of paid sick leave per year.
Provide Middle Class Americans Tax Relief
Obama will provide 150 million workers with a new $500 “Making Work Pay†tax cut, worth up
to $1,000 per family. He will also eliminate federal income taxes for seniors making less than
$50,000, and create a 10 percent mortgage interest credit to give middle class homeowners an
average $500 tax cut per year.
Improve Public Schools and Make College More Affordable
Obama is committed to strengthening our public schools. He will increase investment in early
childhood education and will REFORM and fund No Child Left Behind. He will make college
affordable for every American by creating a $4,000 American Opportunity Tax Credit and
simplifying the financial aid application process.
Help American Workers Compete in the Global Economy
In today’s economy, American workers are competing against workers across the globe. Barack
Obama has a competitiveness agenda that strengthens our education system, invests in energy, innovation and infrastructure and is committed to fiscal responsibility and fair trade to help our workforce compete and thrive in a global economy. For more, see the above titled report.
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