FACTBOX - U.S. presidential candidates on the economy

Fri Mar 21, 2008 2:30am GMT
 
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(Reuters) - Following are some economic policies outlined by the U.S. presidential candidates.

DEMOCRATIC NEW YORK SEN. HILLARY CLINTON

Clinton has unveiled a plan that she says would save $55 billion (28 billion pounds) by taking on corporate interests such as drug and oil companies and Wall Street. It would overhaul credit card regulations to shield consumers from high fees and sudden rate hikes.

She has 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 have health insurance, either keeping existing coverage or choosing from private insurance options available to members of Congress. Individuals could also choose a public plan similar to Medicare.

On China, Clinton has said tougher import standards are necessary to keep consumers safe. "We also have to deal with their currency situation," she said.

DEMOCRATIC ILLINOIS SEN. BARACK OBAMA

Obama says he would create 5 million new jobs in the green energy sector and establish an infrastructure bank to spend $60 billion over a decade to repair deteriorating roads, bridges and waterways. He says he would raise taxes on corporations and wealthy individuals and end the Iraq war to pay the bill.

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.  Continued...

 
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