While the Democratic presidential candidate’s campaign had, in fact, already proposed many of the plan’s planks, there were a handful of new ideas, including a moratorium on home foreclosures, a tax credit for companies that create jobs, a federal program to prop up struggling local governments and a waiver of penalties for families that withdraw early from their retirement accounts.
Obama unveils 'economic rescue plan'
TOLEDO, Ohio – Barack Obama on Monday sought to take ownership of the central issue of the presidential election, the economy, by rolling out what his campaign billed as a major new “economic rescue plan for the middle class.”
While the Democratic presidential candidate’s campaign had, in fact, already proposed many of the plan’s planks, there were a handful of new ideas, including a moratorium on home foreclosures, a tax credit for companies that create jobs, a federal program to prop up struggling local governments and a waiver of penalties for families that withdraw early from their retirement accounts.
While the Democratic presidential candidate’s campaign had, in fact, already proposed many of the plan’s planks, there were a handful of new ideas, including a moratorium on home foreclosures, a tax credit for companies that create jobs, a federal program to prop up struggling local governments and a waiver of penalties for families that withdraw early from their retirement accounts.
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