Eliminatinate all income taxes for seniors making less than $50,000 per year
"Barack Obama 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." — Obama's Comprehensive Tax Plan >>More (Comments)
Allow penalty-free hardship withdrawals from retirement accounts in 2008 and 2009
"Obama and Biden are calling for legislation that would allow withdrawals of 15% up to $10,000 from retirement accounts without penalty (although subject to the normal taxes). This would apply to withdrawals in 2008 (including retroactively) and 2009." — Change.gov Agenda - The Economy >>More (Comments)
Recognize the Armenian genocide
"Two years ago, I criticized the Secretary of State for the firing of U.S. Ambassador to Armenia, John Evans, after he properly used the term 'genocide' to describe Turkey's slaughter of thousands of Armenians starting in 1915. … as President I will recognize the Armenian Genocide." >>More (Comments)
Provide a $3,000 tax credit for companies that add jobs
"Obama and Biden will provide a new temporary tax credit to companies that add jobs here in the United States. During 2009 and 2010, existing businesses will receive a $3,000 refundable tax credit for each additional full-time employee hired. For example, if a company that currently has 10 U.S. employees increases its domestic full time employment to 20 employees, this company would get a $30,000 tax credit — enough to offset the entire added payroll tax costs to the company for the first $50,000 of income for the new employees. The tax credit will benefit all companies creating net new jobs, even those struggling to make a profit. — The Obama-Biden Plan >>More (Comments)
Tougher rules against revolving door for lobbyists and former officials
"No political appointees in an Obama-Biden administration will be permitted to work on regulations or contracts directly and substantially related to their prior employer for two years. And no political appointee will be able to lobby the executive branch after leaving government service during the remainder of the administration." — Obama ethics plan >>More (Comments)
Five days of review and comment before signing bills
"Too often bills are rushed through Congress and to the president before the public has the opportunity to review them. As president, Obama will not sign any non-emergency bill without giving the American public an opportunity to review and comment on the White House website for five days." — Plan to Change Washington >>More (Comments)
One of President Obama's major campaign planks was making government more open and accountable. It's a reaction to a habit in Congress of rushing bills through the House and Senate without giving people much opportunity to know what the bills would do. Indeed, sometimes members of Congress don't even know what's in the bills.
Lobbyists won’t work in my White House...
“They (lobbyists) won’t work in my White House… They are not going to dominate my White House… You will not be able to go lobby for an industry that you regulated, and I won’t hire somebody into my administration regulating the industry he or she worked for.” 12/15/2007, Waterloo, Iowa >>More (Comments)
Barack Obama campaigned on a pledge to change Washington, vowing to upend the K Street lobbying culture he encountered when he joined the U.S. Senate. Early in his campaign for President, Obama, explaining his plan to reduce the influence of special interests, made what sounded like clear-cut pledges to bar the more than 35,000 registered federal lobbyists from ever working in his administration.
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