Obamas Issue on

Obamas Issue on

Here is where President Barack Obama stood on some key issues ahead of Election Day.


Barack Obama favors abortion rights. He said during the April 26, 2007, Democratic debate: "I think that most Americans recognize that this is a profoundly difficult issue for the women and families who make these decisions. They don't make them casually. And I trust women to make these decisions in conjunction with their doctors and their families and their clergy. And I think that's where most Americans are."


Acknowledging global warming as a threat, Obama favors a mandatory, market-based cap-and-trade system to reduce carbon emissions by 80 percent below 1990 levels, by 2050. He proposes a 10-year, $150 billion fund for biofuels, wind, solar, plug-in hybrids, clean-coal technology and other "climate-friendly" measures. He would increase federal fuel economy requirements from 35 mpg to 40 mpg. And he now would consider limited expansion of offshore oil and gas drilling, but he remains opposed drilling in the Arctic National Wildlife Refuge. He wants a windfall-profits tax on the largest oil companies to pay for an energy rebate of up to $1,000, and wants utilities to produce 25 percent of power from renewable energy such as wind, solar and biomass by 2025.

Financial Crisis

Obama has proposed a two-year plan offering a $3,000 tax credit to businesses for each new job created would enable people to withdraw up to 15 percent of their retirement money, to a maximum of $10,000, without penalty, except for the usual taxes. He would temporarily extend an expiring tax break that lets small businesses immediately write off investments of up to $250,000, and sweeten small-business loans at a cost of about $5 billion. His campaign estimates the cost of the proposals to be $60 billion. He also favors a mandatory 90-day freeze on some foreclosures. And he lobbied fellow lawmakers to support the $700 billion rescue plan.


Obama tells gun owners...

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