Obama offers new proposals to help economy
The presidential candidate says banks that participate in the federal bailout should temporarily postpone foreclosures for families making good-faith efforts to pay their mortgage.
He also called for a $3,000 tax credit for each additional full-time job a business creates. The tax break would end after 2010.
Obama also is proposing letting people withdraw up to $10,000 from their retirement accounts without any penalty this year and next.
The Obama campaign emphasizes that these ideas can be done quickly, either through executive order or legislation.
Recent comments
"Savage Nation party platform....." Michael Savage's real name is…
LOL | Oct. 13, 2008 at 9:58 p.m.
I'll be blunt and say that I find it offensive and degrading, amidst…
Anonymous | Oct. 13, 2008 at 6:07 p.m.
It would prefer to have hard-working, good-faith effort people in…
Tab L. Uno | Oct. 13, 2008 at 1:56 p.m.


