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Friday, October 29, 2010

Tired of Obama bashing? Here are answers for the hate-mongers – Part 4

This is a special post on Obama Bashing from The Dunning Letter and will appear daily until the November 2 elections

Stem-Cell Research – President Obama removed restrictions on and provided federal support for embryonic stem-cell research, paving the way to potential discoveries for serious, even fatal medical conditions.
SCHIP Expansion – Expanded State Children's Health Insurance Program to cover health care for 4 million more children.
Offshore Tax Havens – Closed offshore tax havens and negotiated with Swiss banks for U.S. government access to records of tax evaders.
Corporate Offshore Tax Benefits – Ended the policy of offering tax benefits to corporations who move jobs overseas, which became popular in the Bush administration.
TARP – The Troubled Asset Relief Program is another mixed report card. Although started in the Bush administration, Obama has taken most of the heat for this issue. Pennsylvania Democratic Senate candidate Joe Sestak said however sick it made him, it had to be done. John McCain and Mitch McConnell voted for it. The program’s Special Inspector General says TARP worked, in connection with other government programs. Republican Senator Judd Gregg, NH, agrees.

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