Wednesday, October 15, 2008

Barack Obama's point of view on Health Care and Economy

Health Care, By Josh


Barack plans to spend 50 to 60 billion on health care by eliminating the bush tax cuts. "Employers that do not offer or make a meaningful contribution to the cost of quality health coverage for their employees will be required to contribute a percentage of payroll toward the costs of the national plan." said Barack. he also does not mandate individual coverage for all Americans, but requires coverage for children. plus allows individuals below age 25 to be covered through their parents' plans. he would also would create a national health insurance program for individuals who do not have employer-provided health care and who do not qualify for other existing federal programs.

Economy, by Josh


He supported the $700 billion Wall Street bailout package and said "America is facing one of the greatest financial crises in history, and today's passage of an emergency rescue plan was absolutely necessary to prevent an economic catastrophe that could have cost millions of jobs and forced businesses across the country into bankruptcy." Also he advocates a $50 billion emergency economic stimulus plan. The money would go toward 1 million jobs for rebuilding infrastructure, schools, helping local governments avoid budget cuts.

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