FACTBOX: presidential candidates' economic policy views

Fri Nov 9, 2007 1:17pm EST
 
[-] Text [+]

(Reuters) - The following are highlights from recent comments on economic policy from several top U.S. presidential candidates.

DEMOCRATS

New York Sen. Hillary Clinton

Clinton proposed a retirement savings plan for lower- and middle-class families that would include tax credits as incentives for savings.

Her health-care plan would require all Americans to get health insurance. Under a public-private partnership, they would keep existing coverage or choose from private insurance options available to members of Congress. Individuals may also choose a public plan similar to Medicare.

On China, Clinton has said tougher import standards are necessary to keep food and consumer goods safe. "We also have to deal with their currency manipulation," she said.

Illinois Sen. Barack Obama

Obama has called for a refundable tax credit worth $4,000 for college tuition every year, and wants to automatically enroll workers in retirement plans to boost savings.

He said if trade partners are manipulating their currency, "we take them to the mat on this issue. It means that we are also not running up deficits and asking China to bail us out and finance it, because it's pretty hard to have a tough negotiation when the Chinese are our bankers."

He has proposed a national public insurance program to allow individuals and small businesses to buy affordable health care similar to that available to federal employees.

Former North Carolina Sen. John Edwards

Edwards has proposed a tax credit to match up to $500 a year in savings for families earning up to $75,000 that could be used for various purposes including retirement, college education, and buying a home.

He supports universal health care, and has proposed a system that calls for private companies, government and individuals to share responsibility for obtaining coverage. It creates new tax credits, expands Medicaid and the federal-state children's health insurance plan, and takes steps to contain health care costs.

He thinks countries including China and Japan must make meaningful progress toward ending currency manipulation, and all U.S. trade partners should be required to enforce at least the core labor rights defined by the International Labor Organization.

REPUBLICANS

Former New York Mayor Rudolph Giuliani  Continued...

 

Editor's Choice

A selection of our best photos from the past 24 hours.  Slideshow 

Most Popular on Reuters

  • Articles
  • Video
Join the Reuters Consumer Insight Panel and help us get to know you better

Join the Reuters Consumer Insight Panel and help us get to know you better