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October 14, 2008

Obama, McCain Detail US Economic Proposals
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http://enews.voanews.com/t?ctl=1EB6634:A6F02AD83191E16062EE3A071E1C89BD5C6F54A6CF9DC2CA&
 
Senator Obama proposes a temporary tax credit for companies that create
new jobs in US; Senator Mc Cain says he has plan to keep taxes low 
Senator Barack Obama in Toledo, Ohio, 13 Oct 2008U.S. presidential
candidates Republican John Mc Cain and Democrat Barack Obama have
outlined their plans to stabilize the struggling U.S. economy, three
weeks before the election. Senator Obama proposed a temporary tax credit
for companies that create new jobs in the United States. During a rally
Monday in the key battleground state of Ohio, Obama also proposed
penalty-free withdrawals from individual retirement accounts of up to
$10,000 and temporarily barring banks from foreclosing on people trying
to pay their mortgages. His campaign says his proposals likely would
cost $60 billion over the next two years. Senator Mc Cain highlighted
several steps to address the economic crisis, during campaign stops in
Virginia and North Carolina. John Mc Cain speaks to supporters during
rally in Virginia Beach, Virginia, 12 Oct 2008Mc Cain said he has a plan
to keep taxes low, protect workers' retirement savings, and bring relief
to people devastated by what he called "the excesses of Wall Street and
Washington."National polls show Mc Cain trailing Obama ahead of the
candidates' last televised debate Wednesday. One opinion poll, by
Reuters, C-Span and Zogby released today shows Obama with a four-point
lead over Mc Cain, down from a six-point lead Sunday, while a separate
survey, by The Washington Post and ABC News indicates Obama is leading
by 10 points among likely voters. Some information for this report was
provided by AP and Reuters.


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