- Jul 28, 2006
- 18,161
- 7
- 0
Just a small example from his web site.
Obama may talk about change, but he seems to be just another tax and spend liberal.
Economy:
Add up the per year cost of the just the programs he actually lists dollar values for and you end up with $60 billion alone.
That doesn't account for how much increasing the size of the military by 92,000 members will cost.
Nor does include all those nice tax breaks Obama is going to hand out.
According to some his spending plans would amount to $850 billion in new spending over a four year term.
*EDIT*
More data on Obama spending.
His healthcare plan will cost $65 billion a year.
His military expansion will cost $6 billion a year.
Eliminating income taxes on lower income seniors will cost $10 billion a year.
So new math... $141 billion a year and that does not include all of his programs.
Obama may talk about change, but he seems to be just another tax and spend liberal.
Economy:
Obama will create a new "Making Work Pay" tax credit of up to $500 per person, or $1,000 per working family.
Barack Obama believes we need to double federal funding for basic research and make the research and development tax credit permanent to help create high-paying, secure jobs.
The Obama plan will increase funding for federal workforce training programs and direct these programs to incorporate green technologies training, such as advanced manufacturing and weatherization training, into their efforts to help Americans find and retain stable, high-paying jobs.
Obama will create a 10 percent universal mortgage credit to provide homeowners who do not itemize tax relief.
Obama will create a fund to help people refinance their mortgages and provide comprehensive supports to innocent homeowners.
Obama will provide a $1.5 billion fund to assist states with start-up costs and to help states offset the costs for employees and employers.
EducationObama will double funding for the main federal support for afterschool programs,
Obama will create Early Learning Challenge Grants to promote state "zero to five" efforts and help states move toward voluntary, universal pre-school.
Obama will quadruple Early Head Start, increase Head Start funding and improve quality for both.
Obama will also provide affordable and high-quality child care to ease the burden on working families.
Obama will reform NCLB, which starts by funding the law.
Obama will address the dropout crisis by passing his legislation to provide funding to school districts to invest in intervention strategies in middle school
Obama will double funding for the main federal support for afterschool programs,
Obama will create new Teacher Service Scholarships
EnergyObama will make college affordable for all Americans by creating a new American Opportunity Tax Credit.
Obama will invest $150 billion over 10 years to advance the next generation of biofuels and fuel infrastructure...
Obama will double science and research funding for clean energy projects...
FamilyObama will invest $10 billion per year into this fund for five years.
Obama will provide a $1.5 billion fund to assist states with start-up costs and to help states offset the costs for employees and employers.
Foreign PolicyBarack Obama will double funding for the main federal support for afterschool programs
he will double our foreign assistance to $50 billion to achieve that goal.
HealthcareObama will increase the size of ground forces, adding 65,000 soldiers to the Army and 27,000 Marines.
Subsidies. Individuals and families who do not qualify for Medicaid or SCHIP but still need financial assistance will receive an income-related federal subsidy to buy into the new public plan or purchase a private health care plan.
Obama will expand eligibility for the Medicaid and SCHIP programs and ensure that these programs continue to serve their critical safety net function.
Obama will invest $10 billion a year over the next five years to move the U.S. health care system to broad adoption of standards-based electronic health information systems
PovertyObama will strengthen funding for biomedical research...
Obama will invest $1 billion over five years in transitional jobs and career pathway programs that implement proven methods of helping low-income Americans succeed in the workforce.
There are more, but I got tired of reading them.Obama will double the federal Jobs Access and Reverse Commute program...
Add up the per year cost of the just the programs he actually lists dollar values for and you end up with $60 billion alone.
That doesn't account for how much increasing the size of the military by 92,000 members will cost.
Nor does include all those nice tax breaks Obama is going to hand out.
According to some his spending plans would amount to $850 billion in new spending over a four year term.
*EDIT*
More data on Obama spending.
His healthcare plan will cost $65 billion a year.
His military expansion will cost $6 billion a year.
Eliminating income taxes on lower income seniors will cost $10 billion a year.
So new math... $141 billion a year and that does not include all of his programs.
