Accountability

Two blogs down, President Obama outlined what he indends to do with Trillions of Dollars for the Stimulus Bill and the Annual Budgets to come. The President also spoke of Iraq and Afghanistan, and the Global Financial system. The President made many promises, and the most receptive line uttered to Congress by the President was that "the surplus left to President Bush by President Clinton, should have been transferred to America's future and not to the wealthy."

A. Stimulus Bill
1. The Agenda begins with Jobs. Both saving and creating 3.5 million jobs, with 90% in the Private Sector
2. 95% of Working Americans will receive tax cuts beginning April 1
3. 25-hundred dollar tax credit for all four years of College
4. Unemployment benefits extended
5. Health care continued for those that lose their jobs
6. Joe Biden is assigned by the President to oversee the Stimulus Bill. An Inspector General will be accountable for making sure that the allotted funds are spent as intended. All Americans can monitor the spending on Recovery.gov.

B. Lending and Credit
1. Financing available for Auto, College, and Small Business loans
2. A plan for homeowners to Refinance and lower monthy mortgage payments
3. All monies for banks will be regulated
4. Reform the outdated regulatory system that instead rewards drive and innovation, and also punishes rushed short cuts and irresponsibility.

C. Budget
1. Energy
a. Investment into powerlines, more efficient energy for buildings and homes
b. Research in Medicine, Science, and Technology.
c. Investment of fifteen billion dollars a year to develop technologies like wind power, solar power, advanced biofuels, clean coal, and fully efficient cars and trucks built in America.

2. Health Care Reform
a. Invest in Electronic Health Records
b. Quality and affordable health care for every American

3. Education Investment
a. Early Child Education
b. Make college affordable for 7-million more children
c. New incentive for teacher performance
d. Expand committment to charter schools
e. Volunteer to serve the public, in exchange for an affordable higher education

4. Deficit cuts
a. Identified already two trillion dollars of savings for next ten years
b. End Education programs that do not work
c. End direct payment to Agri-Businesses that do not need them
d. Eliminate no-bid contrats in Iraq
e. Reform Defence budget

5. Taxes
a. End tax breaks for corporations that ship jobs oversees
b. End tax breaks for the wealthiest two percent of Americans
c. Working families making less that 250-thousand dollars a year get "no tax increases"
d. Tax cuts for the 95% of working families, and those checks are on the way

6. Iraq/Military
a. No longer hidden prices in the budget for wars
b. Un-yielding support for our soldiers
c. Raise their pay
d. Extend health care benefits
e. Close the detention center at Guantanamo Bay
f. No more torture

D. Global
1. Streghten Alliances
2. Form New Alliances to meet terrorism challenges, Nuclear Proliferation, Pandemic diseses, cyber threats, and crush poverty
3. Spur Demand for American Goods
4. Working with the G20 to restore confidence in our Global Financial System