Your Questions About Which Of The Following Is Not A Part Of Comprehensive Income

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Chris asks…

Hi, I’m Jeffrey. I am supporting Obama for 2012, are you?

Obama has done great things even though many people try to downplay him and make him seem like a bad president. Nice try. Obama has:

1. Extended your medical coverage to age 26 under your parents plan.
2. Cut payroll taxes on average of $1500/yr. per family – your family included.
3. Prevented GM and Chrysler from bankruptcy, avoiding much deeper recession.
4. Helped bail out the financial sector preventing a global meltdown. Our safety nets are still intact.
5. Passed regulations on the banking industry to prevent future disasters. Your savings are safer.
6. Passed a stimulus package which stopped the hemorrhage of unemployed Americans.
7. Restored respect for American foreign policy, especially with our allies.
8. Withdrew American troops from Iraq. Your less likely to be drafted, blown up, or shot at.
9. Gave moral support to the Arab Spring movements promoting democracy. (see #7)
9. Kept ground forces out of Libya, Syria, Egypt, and Yemen. (see #7)

The following are just some other accomplishments of this president:
Commerce, Trade and Technology:
1. Promoted internet freedom as part of U.S. foreign policy.
2. Passed Webcaster Settlement Act of 2009.
3. Passed Satellite Television Extension Act of 2010.
4. Expanded loan programs for small businesses.
5. Passed Small Business Investment Act.
6. Proposed tougher meat industry antitrust rules.
7. Denied federal contracts to tax delinquents.
8. Appointed the nation’s first Chief Technology Officer.
9. Established Federal IT Dashboard. ref
10. Modernized the portal to connect people to the services they require.
11. Launched the National Export Initiative, with the goal of doubling US exports by 2015.
12. Launched piracy crackdown.
1. Passed The American Recovery and Reinvestment Act of 2009 (ARRA): a $789 billion economic stimulus plan.
2. Created US auto industry rescue plan saving GM and Chrysler and their employees.
3. Passed Worker, Homeownership, and Business Assistance Act of 2009.
4. Passed temporary extension of programs under the Small Business Act and the Small Business Investment Act of 1958.
5. Provided $26 billion aid to states package (Aug 2010)
6. Raised the small business investment limit to $250,000 through the end of 2009. ref
7. Created an Advanced Manufacturing Fund to invest in peer-reviewed manufacturing processes.
8. Passed Improper Payments Elimination and Recovery Act – establishes a Federal “Do Not Pay” list.
9. Extended and indexed the 2007 Alternative Minimum Tax patch.
10. Adopted Economic Substance tax doctrine.
11. Extended unemployment insurance benefits and temporarily suspend taxes on these benefits.
Education: College
1. Enacted largest reform of student aid in 40 years.
2. Passed Health Care and Education Affordability Reconciliation Act of 2010.
3. Established President’s Advisory Council on Financial Capability to assist in financial education for all Americans.
4. Increased funding for land-grant college.
5. Provided means for students struggling to make college loan payments to refinance.
6. Expanded Pell grants for low-income students. ref
7. Expanded Pell grant pool by eliminating private lender subsidies for student loans.
Education: Health of Children
1. Created the Race to the Top Fund ($4.35 billion) to reward States that create comprehensive education reform plans.
2. Passed Children’s Health Insurance Program Reauthorization Act of 2009.
3. Provided funding for high-speed, broadband Internet access to K-12 schools.
4. Established State Equalization Fund; new funds for school construction (ARRA).
5. Provided $77 Billion for reforms to to strengthen Elementary and Secondary education.
6. Fully funded the Community Development Block Grant (CDBG).
7. Provided $12.2 billion in new funding for the Individuals with Disabilities Act through the American Recovery and Reinvestment Act.
8. The $26 billion state aid package saved 160,000 teacher jobs (Aug 2010) ref
9. Provided over $2.3 billion in additional funding to Head Start and Early Head Start programs in 2009.
10. Provided $5 billion dollars for Early Learning Programs under the American Recovery and Reinvestment Act.
11. Roughly doubled the amount available in Federal Child Care Block Grants.
12. Established “Promise Neighborhood” Grants (modeled after the Harlem Children’s Zone).
13. Eliminated abstinence-only funding in budget.
14. Helped rebuild schools in New Orleans.
15. Established school programs to highlight space and science achievements.
16. Provided recruitment of math and science degree graduates to the teaching profession.

financi4 answers:

Jeffery, you’re the new poster child for why we need to fix the broken education system in this country.

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