Friday, October 24, 2008

Cost Of Obama / Democracy

Saved this more for my own information, but sharing doesn't hurt does it? The real search is now on for the cost of McCain's plans, and the cost if we don't at least use part of BHOs.

• Tax relief for trial lawyers -- $1.5 billion worth over a decade by changing rules to encourage more and riskier “jackpot justice” lawsuits. (Section 311 of H.R. 6049.)

• Obama’s own proposed Global Poverty Act that would require the United States to spend its own money working at “eradicating extreme hunger, promoting gender equality, empowering women… ensuring environmental sustainability…[and] achieving significant improvement in the lives of at least 100 million slum dwellers” worldwide. Frank Gaffney of the Center for Security Policy did the math and concluded this would amount to a new commitment of $845 billion in new foreign aid through 2015. (S.2433)

• New federal subsidies to buy gas for families making up to three times the federal poverty line, which would be $63,600 in annual income for a family of four. (H.R. 6561)

• Wage insurance. Create a new federal payroll tax on all workers to pay for “insurance” that would – get this – pay people up to 50 percent of the difference in wages between an old job and a new, lower-paying job. So if John Doe voluntarily takes a new job that requires 10 hours less work per week, the government would pay him for five of the hours that he doesn’t work – courtesy of other, harder-working wage earners.

• A new, Cabinet-level, multi-billion-dollar federal Department of Peace, dedicated to “peace education and training.” (H.R. 808)

1 comment:

  1. This all sounds like some sort of
    socialism for me - or at least some
    kind of "ism" that I don't want to see.

    ReplyDelete