Comparing Obamas' and McCains' Plans for the economy

John McCain on the Economy:
• He supports lowering taxes to help small businesses.

• He would cut the corporate tax rate from 35% to 25%,

• McCain supports giving tax breaks to businesses for investing in equipment and technology.

• He wants to establish a permanent tax credit for research and development.


Barack Obama on the Economy:
• He supports tax incentives for companies that keep jobs in the US.

• He believes that the NAFTA agreement should be renegotiated to protect the American economy.

• Obama suggests a $75-billion plan for the economy would offer a $500 tax rebate to families and a $250 Social Security supplement to seniors.

• He also would put more money into unemployment insurance.

• He would give federal money States hardest hit by the housing crisis.

• He would stop mortgage fraud and predatory lending with legislation that he proposed two years ago.