Millions of women & kids in Ohio will benefit from Obama’s economic plan
Thu, Jul 10, 2008
In Ohio, 397,000 women will benefit from the Obama plan to increase the minimum wage to $9.50.
In Ohio, 2.7 million women will benefit from the Obama Tax credit, amounting to $500 per woman, $1000 per family.
In Ohio, 195,000 women will benefit from the Obama plan to expand the Child Care Tax Credit.
In Ohio, over 35,000 kids will benefit from the Obama plan to expand Afterschool programs.
In Ohio, over 312,000 women will benefit from the Obama plan to scrap Capital Gains Taxes for Small Business Owners.
Here’s the statement.
Obama Campaign Releases 50 State Report on The Impact of the Obama Economic Plan for Working Women
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.
· 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.
· 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.
· 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.
· 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.
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Tags: barack obama, ohio, women





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