Increase the capital gains and dividends taxes for higher-income taxpayers
Increase capital gains and dividends taxes from 15 to 20 percent for those making more than $250,000 (couples) or $200,000 (single)
Expand the child and dependent care credit
Expand and make refundable the child and dependent care credit.
Create a foreclosure prevention fund for homeowners
Create a $10 billion fund to help homeowners refinance or sell their homes. "The Fund will not help speculators, people who bought vacation homes or people who falsely represented their incomes."
End income tax for seniors making less than $50,000
"Will eliminate all income taxation of seniors making less than $50,000 per year. This will eliminate taxes for 7 million seniors -- saving them an average of $1,400 a year-- and will also mean that 27 million seniors will not need to file an income tax return at all."
End no-bid contracts above $25,000
"Will ensure that federal contracts over $25,000 are competitively bid."
Repeal the Bush tax cuts for higher incomes
Repeal the Bush tax cuts for those making more than $250,000 (couples) or $200,000 (single)
Phase out exemptions and deductions for higher earners
Restore the phaseouts of personal exemptions and itemized deductions for those making more than $250,000 (couples) or $200,000 (single), with threshholds indexed for inflation.
Sign the Employee Free Choice Act, making it easier for workers to unionize
"Obama is a cosponsor and strong advocate of the Employee Free Choice Act (EFCA), a bipartisan effort to make the unionization process more transparent and increase penalties on companies that violate employee rights. He will sign EFCA into law as president."
Forbid companies in bankruptcy from giving executives bonuses
"Protect the jobs and benefits of workers and retirees when corporations file for bankruptcy by telling companies that they cannot issue bonuses for executives during bankruptcy while their workers watch their pensions disappear."
Allow workers to claim more in unpaid wages and benefits in bankruptcy court
"Increase the amount of unpaid wages and benefits workers can claim in bankruptcy court against their employer."
Allow imported prescription drugs
"Allow Americans to buy their medicines from other developed countries if the drugs are safe and prices are lower outside the U.S."
Appoint federal-level coordinator to oversee all federal autism efforts
"They will appoint a Federal ASD Coordinator to oversee federal ASD research and federal efforts to improve awareness of ASD and improve the training of medical professionals to identify and treat ASD. By establishing one top-level point person to coordinate ASD efforts in the White House, they will ensure that ASD receives the recognition and priority it deserves in the federal government. The Federal ASD Coordinator will also be tasked with eliminating bureaucratic obstacles that may be delaying implementation of important ASD measures and ensuring that all federal ASD dollars are being spent in a manner that prioritizes results. The Coordinator will work with state task forces on ASD to ensure effective communication and collaboration among federal, state, and local agencies."
Double federal funding for cancer research
"Will double federal funding for cancer research within 5 years, focusing on NIH (National Institutes of Health) and NCI (National Cancer Institute)."
Direct the Secretary of Health and Human Services to conduct a comprehensive study of federal cancer initiatives
"As president, Barack Obama will immediately direct his Secretary of Health and Human Services, in collaboration with agency officials, academic researchers, cancer survivors and advocates for people with cancer, and state public health officials, to comprehensively examine the various cancer-related efforts of federal agencies, and provide recommendations to eliminate barriers to effective coordination across federal agencies and between the federal government and other stakeholders."
Provide the CDC $50 million in new funding to determine the most effective approaches for cancer patient care
"Will provide the CDC $50 million in new funding to determine the most effective approaches that assist not only navigation of cancer patients through diagnosis and treatment processes, but also provide easy-to-understand information on the necessary follow-up steps to ensure continued lifelong health."
Fully fund the Individuals with Disabilities Education Act (IDEA)
"Barack Obama has been a strong and consistent advocate for fully funding the Individuals with Disabilities Education Act (IDEA). Congress promised to shoulder 40 percent of each state's "excess cost" of educating children with disabilities, but it has never lived up to this obligation. Currently, the federal government provides less than half of the promised funding (17 percent)."
Create a National Commission on People with Disabilities, Employment, and Social Security
Create a national commission charged with "examining and proposing solutions to work disincentives in the SSDI, SSI, Medicare, and Medicaid," among other things.
Change federal rules so small businesses owned by people with disabilities can get preferential treatment for federal contracts.
"Barack Obama and Joe Biden would direct the Small Business Administration to amend regulations under the Small Business Act that provide preferences in federal contracting to small businesses owned by members of socially and economically disadvantaged groups to include individuals with disabilities."
Reduce the threshhold for the Family and Medical Leave Act from companies with 50 employees to companies with 25 employees
"The Family and Medical Leave Act (FMLA) provides eligible employees of larger employers (i.e., 50 or more employees) with 12 weeks of unpaid leave to care for a family member's or their own serious health condition. Barack Obama and Joe Biden will guarantee that millions more workers have access to FMLA leave by reducing the threshold for which employers are covered from companies with 50 or more employees to those with 25 or more."
Provide a $1.5 billion fund to help states launch programs for paid family and medical leave
"As president, Barack Obama and Joe Biden will initiate a 50-state strategy to encourage all of the states to adopt paid-leave systems (as part of the Family and Medical Leave Act). Barack Obama and Joe Biden 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. Obama's Department of Labor will also provide technical information to the states on how to craft paid-leave programs consistent with their local needs."
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