Celtic Diva's Blue Oasis: 50 State Report on The Impact of the Obama Economic Plan for Working Women

Thursday, July 10, 2008

50 State Report on The Impact of the Obama Economic Plan for Working Women

I got this email from the Obama Campaign:
CHICAGO, IL – Today, the Obama for America campaign released a report on the impact of the Obama economic plan for America's working women nationwide and across the 50 states. Senator Barack Obama will host a Town Hall Meeting on Economic Security for America's Women today in Fairfax, Virginia.

Unlike the Obama plan, Senator John McCain’s record of opposition to issues that affect women and his economic plan will mean another four years of the failed economic policies of the Bush Administration that have hurt American families and made life harder for working women.

The full report is available HERE

In summary, Barack Obama's plan will:

· Provide a New “Making Work Pay” Tax Cut of Up to $500 per Person, or $1000 Per Family, to 71 Million Working Women.
Alaska--200,000 women would benefit
· Give 8.4 Million Working Women a Raise of up to $4,700 per year, by Increasing the Minimum Wage to $9.50 by 2011.
Alaska--176,100 women would benefit
· Expand the Earned Income Tax Credit (EITC) to Benefit at Least 5 Million Working Women and Help Ensure That Low-Wage Working Parents Are Not Forced to Raise Their Children in Poverty.
· Extend Child Care Tax Breaks to 7.5 Million Additional Working Women. A working mother with two kids earning $50,000 a year will receive a $2,100 child care tax cut under the Obama plan.
Alaska--13,000 women would benefit
· Provide High-Quality Afterschool and Summer Learning Programs to An Additional 2 Million Children. The Obama plan will expand afterschool programs to serve an additional 1 million students and summer learning programs for 1 million students.
Alaska--5,183 women would benefit
· Provide 7 Days of Paid Sick Leave to 22 Million Working Women.
· Fight to Close the Gender Wage Gap that Has Women Earning 77 Cents for Every Dollar Earned By Men. This gap is even more pronounced for African American and Latina women.
· Increase Retirement Savings Opportunities for the 45 Million Working Women Who Lack an Employer Retirement Account, by providing them with a new Automatic Workplace Pension and providing a $500 matching tax credit for their savings.
· Help 8.7 million women business owners grow their businesses and create jobs, by setting capital gains rates to zero for small business and entrepreneurial ventures.
· Offer quality affordable health care to the 21.5 million women who lack health insurance.

As you can see, I went through the report and pulled all the Alaska numbers out so we could see the impact...which was nothing less than a brilliant move on their part.

There isn't more "substance" than that!

Labels: , , , , , , , , , , ,


Post a Comment

<< Home