Source:
Washington PostThere is mention about the current fiscal crisis in our nation
Sens. Barack Obama and John McCain indicated they will not stand in the way of the Bush administration's $700 billion rescue of U.S. financial markets, and each offered his own proposals for making it more palatable to voters: Obama laid out a plan to overhaul federal contracting and save an estimated $40 billion a year, while McCain proposed an oversight board to monitor the bailout.
Then there is a paragraph which states that there is no mention by either candidate how they are going to pay for tax cuts, healthcare plans, and energy spending.
And later on in this article:
Campaigning yesterday in Green Bay, Wis., Obama outlined proposals to tighten federal ethics and contracting rules and bring unprecedented scrutiny to the legislative process, including through a new clearinghouse to assess corporate tax breaks.
His speech, outlining an 11-page "Plan to Reform the Greed and Excesses of Washington," built on the regulatory overhaul for the financial services industry that he proposed last week. To curb the influence of lobbyists, Obama would have all bill writing be conducted in public. Congress holds public hearings on legislation, and lawmakers debate and vote in the open, but the conference committees where final language is crafted meet mostly behind closed doors.
Obama also would create a government agency "charged with identifying recipients of corporate subsidies and evaluating the effectiveness of these subsidies in promoting growth and opportunity." All corporate tax breaks would be easily searchable on a government Web site, and if the new entity deemed a provision to be a dud, it would be targeted for elimination.
Read more:
http://www.washingtonpost.com/wp-dyn/content/article/2008/09/22/AR2008092203179.html
My problem with, Jonathan Weisman's and Shailagh Murray's, article that as you can see by the last three paragraphs that I excerpted, Sen. Obama does have some new and good ideas, but of course this was on the backside of their article. I think the title of their article, A New Landscape, The Same Proposals, is misleading.
I fully support Sen. Obama's ideas as outlayed in this article. I do not support their title.
What do you think?