Q: This year’s deficit will reach $455 billion. Won’t some programs you are proposing have to be eliminated?
OBAMA: Every dollar I’ve proposed, I’ve proposed an additional cut hat it matches. To give an example, we spend $15 billion a year on subsidies to insurance companies. It doesn’t help seniors get better. It’s a giveaway. I want to go through the federal budget line by line, programs that don’t work, we cut. Programs we need, we should make them work better. Once we get through this economic crisis, we’re going to have to embrace a culture of responsibility, all of us, corporations, the federal government, & individuals who may be living beyond their means.
Source: 2008 third presidential debate against John McCain Oct 15, 2008
Middle class needs a rescue package with tax cutsQ: What’s your plan to save people from financial ruin?
OBAMA: This is a verdict on the failed policies of the last eight years that said that we should strip away consumer protections, let the market run wild, and prosperity would rain down. Step one was a rescue package that means making sure taxpayers get their money back. The middle-class need a rescue package. That means tax cuts for the middle-class. It means help for homeowners. It means we are helping state governments set up projects that keep people in their jobs. We’ve got to fix our health care system, we’ve got to fix our energy system. You’ve got to have somebody in Washington who is thinking about the middle class and not just those who can afford to hire lobbyists.
Source: 2008 second presidential debate against John McCain Oct 7, 2008
http://www.issues2000.org/Economic/Barack_Obama_Budget_+_Economy.htm#Voting_Record
President Barack Hussein Obama, Jr. voting record!
http://www.votesmart.org/voting_category.php?can_id=9490
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