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Economic Choices 2008 - Candidates' Economic Plans

Wednesday, October 15, 2008

Image of John McCain and Barack Obama.


The financial crisis and sagging economy have forced the presidential candidates to rethink their economic plans. Both Barack Obama and John McCain released new plans to deal with the crisis. NBR correspondent Stephanie Dhue compares the plans.


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Table: Retirement Account Proposals

Retirement Account Measures in
the Presidential Candidates' Plans
Suspend required 70 1/2 age for withdrawals
BOTH
Lower tax rate for withdrawals age 59 1/2 +
MCCAIN
Waive 10% early withdrawal penalty
OBAMA

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External Links/Articles*

  • McCain-Palin
    Senator John McCain's official presidential campaign website. This links to the "Economic Plan" section of the website, which contains details of McCain's plan. Additional information about the new economic plan can be found in the "News" section of the site.
  • Obama-Biden
    Senator Barack Obama's official presidential campaign website. This links to the "Economy" section of the website, which contains details of Obama's plan. Additional information about the new economic plan can currently be found on the site's homepage.
  • *Clicking these external links will take you off the NBR web site on PBS.org. NBR has no affiliation with these sites.

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