The Obameter: Tracking Obama's Campaign Promises

Dantheman62 · 01-26-2009, 03:53 PM

PolitiFact has compiled about 500 promises that Barack Obama made during the campaign and is tracking their progress on our Obameter. We rate their status as No Action, In the Works or Stalled. Once we find action is completed, we rate them Promise Kept, Compromise or Promise Broken.

No. 1: Increase the capital gains and dividends taxes for higher-income taxpayers

Increase capital gains and dividends taxes from 15 to 20 percent for those making more than $250,000 (couples) or $200,000 (single)
>>More

No. 2: Eliminate all oil and gas tax loopholes

"Eliminating special tax breaks for oil and gas companies: including repealing special expensing rules, foreign tax credit benefits, and manufacturing deductions for oil and gas firms."
>>More

No. 3: Eliminate capital gains taxes for small businesses and start-ups

"Barack Obama understands that small businesses are the engines of our economy, and he will eliminate all capital gains taxes on investments in small and start-up firms."
>>More

No. 4: Extend child tax credits and marriage-penalty fixes

Will extend aspects of the Bush tax cuts such as child credit expansions and changes to marriage bonuses and penalties.
>>More

No. 5: Expand the earned income tax credit

Expand the earned income tax credit for workers without children and taxpayers with more than three children. Equalize threshholds for married filers and head of household filers.
>>More

No. 6: Create an Advanced Manufacturing Fund to invest in peer-reviewed manufacturing processes

"Will create an Advanced Manufacturing Fund to identify and invest in the most compelling advanced manufacturing strategies. The Fund will have a peer-review selection and award process based on the Michigan 21st Century Jobs Fund, a state-level initiative that has awarded over $125 million to Michigan businesses with the most innovative proposals to create new products and new jobs in the state."
>>More

No. 7: Double funding for the Manufacturing Extension Partnership, a program that encourages manufacturing efficiency

"The Manufacturing Extension Partnership (MEP) works with manufacturers across the country to improve efficiency, implement new technology and strengthen company growth. This highly-successful program has engaged in more than 350,000 projects across the country and in 2006 alone, helped create and protect over 50,000 jobs. But despite this success, funding for MEP has been slashed by the Bush administration. Barack Obama and Joe Biden will double funding for the MEP so its training centers can continue to bolster the competitiveness of U.S. manufacturers."
>>More

No. 8: Include environmental and labor standards in trade agreements

"He will use trade agreements to spread good labor and environmental standards around the world"
>>More

No. 9: Oppose agreements like CAFTA (the Central American Free Trade Agreement) unless it has environmental and labor protections

"He will use trade agreements to spread good labor and environmental standards around the world and stand firm against agreements like the Central American Free Trade Agreement (CAFTA) that fail to live up to those important benchmarks."
>>More

No. 10: Expand the child and dependent care credit

Expand and make refundable the child and dependent care credit.
>>More

No. 11: Require publicly traded financial partnerships to pay the corporate income tax

Require publicly traded financial partnerships to pay the corporate income tax.
>>More

No. 12: Create an international tax haven watch list

Create an international tax haven watch list of countries that do not share information returns with the United States.
>>More

No. 14: Close loopholes in the corporate tax deductibility of CEO pay

Congress has set rules regarding the tax deductability of the salaries of CEOs, but forms of non-salary compensation have become popular. Obama would look at revamping definitions of compensation.
>>More

No. 15: Create a foreclosure prevention fund for homeowners

Create a $10 billion fund to help homeowners refinance or sell their homes. "The Fund will not help speculators, people who bought vacation homes or people who falsely represented their incomes."
>>More

No. 16: Increase minority access to capital

"Strengthen Small Business Administration programs that provide capital to minority-owned businesses, support outreach programs that help minority business owners apply for loans, and work to encourage the growth and capacity of minority firms."
>>More

No. 17: Require economic justification for tax cuts

Adopt the economic substance doctrine, a policy that states that tax cuts must have significant economic justification, as a federal law.
>>More

No. 18: Provide option for a pre-filled-out tax form

Will direct the Internal Revenue Service to "give taxpayers the option of a pre-filled tax form to verify, sign and return to the IRS or online. This will eliminate the need for Americans to hire expensive tax preparers and to gather information that the federal government already has on file."
>>More

No. 19: Create a mortgage interest tax credit for non-itemizers

Create a refundable tax credit equal to 10 percent of mortgage interest for nonitemizers, up to a maximum credit of $800.
>>More

No. 20: Make permanent the Research & Development tax credit

The Research & Development tax credit and the renewable energy production tax credit are intended to spur innovation in the private sector, but the tax credits have expiration dates under current law. Obama would make them permanent.
>>More

No. 21: Require automatic enrollment in 401(k) plans

Automatic enrollment in 401(k) plans for workers whose employers offer retirement plans.
>>More

Page 1 of 26 next http://www.politifact.com/truth-o-meter/promises/

Antaletriangle · 01-26-2009, 04:15 PM

We shall see matey.

Dantheman62 · 01-26-2009, 04:21 PM

Yeah I just got that link from a friend so I thought I would post it. I didn't do it to knock Obama, more just to keep track of his accomplishments, if any.

Antaletriangle · 01-26-2009, 04:28 PM

Yeah i know what you mean big fella.

01-26-2009, 03:53 PM	#1
Dantheman62 Avalon Senior Member Join Date: Sep 2008 Location: So. Cal. U.S. Posts: 4,205	The Obameter: Tracking Obama's Campaign Promises PolitiFact has compiled about 500 promises that Barack Obama made during the campaign and is tracking their progress on our Obameter. We rate their status as No Action, In the Works or Stalled. Once we find action is completed, we rate them Promise Kept, Compromise or Promise Broken. No. 1: Increase the capital gains and dividends taxes for higher-income taxpayers Increase capital gains and dividends taxes from 15 to 20 percent for those making more than $250,000 (couples) or $200,000 (single) >>More No. 2: Eliminate all oil and gas tax loopholes "Eliminating special tax breaks for oil and gas companies: including repealing special expensing rules, foreign tax credit benefits, and manufacturing deductions for oil and gas firms." >>More No. 3: Eliminate capital gains taxes for small businesses and start-ups "Barack Obama understands that small businesses are the engines of our economy, and he will eliminate all capital gains taxes on investments in small and start-up firms." >>More No. 4: Extend child tax credits and marriage-penalty fixes Will extend aspects of the Bush tax cuts such as child credit expansions and changes to marriage bonuses and penalties. >>More No. 5: Expand the earned income tax credit Expand the earned income tax credit for workers without children and taxpayers with more than three children. Equalize threshholds for married filers and head of household filers. >>More No. 6: Create an Advanced Manufacturing Fund to invest in peer-reviewed manufacturing processes "Will create an Advanced Manufacturing Fund to identify and invest in the most compelling advanced manufacturing strategies. The Fund will have a peer-review selection and award process based on the Michigan 21st Century Jobs Fund, a state-level initiative that has awarded over $125 million to Michigan businesses with the most innovative proposals to create new products and new jobs in the state." >>More No. 7: Double funding for the Manufacturing Extension Partnership, a program that encourages manufacturing efficiency "The Manufacturing Extension Partnership (MEP) works with manufacturers across the country to improve efficiency, implement new technology and strengthen company growth. This highly-successful program has engaged in more than 350,000 projects across the country and in 2006 alone, helped create and protect over 50,000 jobs. But despite this success, funding for MEP has been slashed by the Bush administration. Barack Obama and Joe Biden will double funding for the MEP so its training centers can continue to bolster the competitiveness of U.S. manufacturers." >>More No. 8: Include environmental and labor standards in trade agreements "He will use trade agreements to spread good labor and environmental standards around the world" >>More No. 9: Oppose agreements like CAFTA (the Central American Free Trade Agreement) unless it has environmental and labor protections "He will use trade agreements to spread good labor and environmental standards around the world and stand firm against agreements like the Central American Free Trade Agreement (CAFTA) that fail to live up to those important benchmarks." >>More No. 10: Expand the child and dependent care credit Expand and make refundable the child and dependent care credit. >>More No. 11: Require publicly traded financial partnerships to pay the corporate income tax Require publicly traded financial partnerships to pay the corporate income tax. >>More No. 12: Create an international tax haven watch list Create an international tax haven watch list of countries that do not share information returns with the United States. >>More No. 14: Close loopholes in the corporate tax deductibility of CEO pay Congress has set rules regarding the tax deductability of the salaries of CEOs, but forms of non-salary compensation have become popular. Obama would look at revamping definitions of compensation. >>More No. 15: Create a foreclosure prevention fund for homeowners Create a $10 billion fund to help homeowners refinance or sell their homes. "The Fund will not help speculators, people who bought vacation homes or people who falsely represented their incomes." >>More No. 16: Increase minority access to capital "Strengthen Small Business Administration programs that provide capital to minority-owned businesses, support outreach programs that help minority business owners apply for loans, and work to encourage the growth and capacity of minority firms." >>More No. 17: Require economic justification for tax cuts Adopt the economic substance doctrine, a policy that states that tax cuts must have significant economic justification, as a federal law. >>More No. 18: Provide option for a pre-filled-out tax form Will direct the Internal Revenue Service to "give taxpayers the option of a pre-filled tax form to verify, sign and return to the IRS or online. This will eliminate the need for Americans to hire expensive tax preparers and to gather information that the federal government already has on file." >>More No. 19: Create a mortgage interest tax credit for non-itemizers Create a refundable tax credit equal to 10 percent of mortgage interest for nonitemizers, up to a maximum credit of $800. >>More No. 20: Make permanent the Research & Development tax credit The Research & Development tax credit and the renewable energy production tax credit are intended to spur innovation in the private sector, but the tax credits have expiration dates under current law. Obama would make them permanent. >>More No. 21: Require automatic enrollment in 401(k) plans Automatic enrollment in 401(k) plans for workers whose employers offer retirement plans. >>More Page 1 of 26 next http://www.politifact.com/truth-o-meter/promises/

01-26-2009, 04:15 PM	#2
Antaletriangle Avalon Senior Member Join Date: Sep 2008 Location: U.K. Posts: 3,380	Re: The Obameter: Tracking Obama's Campaign Promises We shall see matey.

01-26-2009, 04:21 PM	#3
Dantheman62 Avalon Senior Member Join Date: Sep 2008 Location: So. Cal. U.S. Posts: 4,205	Re: The Obameter: Tracking Obama's Campaign Promises Yeah I just got that link from a friend so I thought I would post it. I didn't do it to knock Obama, more just to keep track of his accomplishments, if any.

01-26-2009, 04:28 PM	#4
Antaletriangle Avalon Senior Member Join Date: Sep 2008 Location: U.K. Posts: 3,380	Re: The Obameter: Tracking Obama's Campaign Promises Yeah i know what you mean big fella.