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Latest Promises
Barack Obama
Create a $60 billion bank to fund roads and bridges
Road bank didn’t get much traction
|
May 7, 2012
Barack Obama
End no-bid contracts above $25,000
No sign of action
|
January 6, 2010
Barack Obama
Create a consumer-friendly credit card rating system
Consumer advocates say Obama exceeded his credit card promise
|
October 17, 2011
Barack Obama
Reproductive health care will be “at the heart” of health care reform.
Insurance companies required to cover preventive care
|
September 1, 2011
Barack Obama
Change standards for determining broadband access
Broadband map started
|
June 29, 2010
Barack Obama
Implement “Women Owned Business” contracting program
Contracting program for women-owned businesses finally ready
|
November 20, 2010
Barack Obama
Establish a small business initiative for rural America
Half of promise implemented, half not
|
December 1, 2016
Barack Obama
End income tax for seniors making less than $50,000
No proposal to end taxes for seniors making less than $50,000
|
April 15, 2009
Barack Obama
Create a retirement savings tax credit for low incomes
New retirement savings credit is a no-go
|
April 30, 2012
Barack Obama
Require automatic enrollment in IRA plans
No federal law, but more states adopt auto-enrollment programs
|
December 15, 2016
Barack Obama
Require automatic enrollment in 401(k) plans
Promise was overtaken by events
|
February 10, 2012
Barack Obama
Make permanent the Research & Development tax credit
Late in Obama’s tenure, popular tax credit finally becomes permanent
|
December 15, 2016
Barack Obama
Create a mortgage interest tax credit for non-itemizers
Still no mechanism for non-itemizers
|
April 27, 2012
Barack Obama
Provide option for a pre-filled-out tax form
No movement on bill to create form
|
April 25, 2012
Barack Obama
Require economic justification for tax changes
Law sets rule to prevent tax dodges
|
June 10, 2010
Barack Obama
Increase minority access to capital
Economic stimulus sends money to minority-owned business
|
December 2, 2009
Barack Obama
Create a foreclosure prevention fund for homeowners
Foreclosure prevention fund a “colossal failure,” special inspector says
|
March 31, 2011
Barack Obama
Close loopholes in the corporate tax deductibility of CEO pay
Rules for taxing corporate executive pay remain unchanged
|
January 3, 2013
Barack Obama
Create an international tax haven watch list
Law passed in 2010 goes even further than promise
|
June 8, 2012
Barack Obama
Require publicly traded financial partnerships to pay the corporate income tax
No change to tax rules for publicly traded partnerships
|
January 3, 2013
Barack Obama
Expand the child and dependent care credit
No expansion for the child care tax credit
|
December 21, 2010
Barack Obama
Include environmental and labor standards in trade agreements
Trade deals protections not as stringent as promised
|
December 13, 2016
Barack Obama
Double funding for Manufacturing Extension Partnership, a program for manufacturing efficiency
Funding for manufacturing program is up, but not double
|
September 30, 2011
Barack Obama
Create an Advanced Manufacturing Fund to invest in peer-reviewed manufacturing processes
White House provides funding for advanced manufacturing technologies
|
December 4, 2009
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