President Obama / Mitt Romney

PRESIDENT BARACK OBAMA

FORMER GOVERNOR MITT ROMNEY

JOBS

  • Getting Americans Back to Work. President Obama proposed a jobs plan which would encourage small business growth, prevent up to 280,000 teacher layoffs and provide a $1,500 tax cut for the average family.
  • Job Creation. President Obama's economic recovery plan created 3.6 million jobs.
  • More than 300,000 Public Sector Jobs Saved. President Obama preserved more than 300,000 state and local public sector jobs--preventing layoffs of police officers, firefighters, healthcare workers, teachers and other trusted public servants.
  • Tax Breaks to Corporations. Romney wants to use huge tax breaks to entice big corporations to create new jobs.
  • Poor Job Growth Record. While governor of Massachusetts, the state had one of the worst job growth rates while the national economy was thriving. Massachusetts ranked 47th among all states.
  • Laid Off Thousands of Workers. As head of a private equity firm, Bain Capital, Romney made a fortune by acquiring companies and laying off thousands of workers.

WORKING FAMILIES

  • Tax Cuts for Working Families. President Obama provided tax cuts to 95 percent of working families at a time when families needed it most.
  • Unemployment Insurance for 2.5 Million Americans. The president extended unemployment insurance--assisting 2.5 million Americans who lost their jobs in the recession.
  • Making College More Affordable. President Obama expanded Pell Grants and revamped the student loan program by eliminating fees paid to private banks.
  • Privatized Unemployment Benefits. Romney thinks workers should pay for their own unemployment benefits through individual savings accounts. Romney even said it's an "indisputable fact" that extending jobless benefits discourages people from finding work.
  • Less Help for the Jobless. As governor, Romney proposed scaling back unemployment insurance costs by paying benefits for fewer weeks; similar to plans enacted by Tea Party governors such as Rich Scott (Fla.) and Scott Walker (Wis.).
  • Job Training Funds Slashed. As governor, Romney vetoed $11 million in job training funds.

WORKERS' RIGHTS

  • Protecting American Workers. President Obama called the efforts to curb collective bargaining in states an "assault on unions" and recognized public employees "make enormous contributions to our states and our citizens."
  • Standing Up for the Middle Class. President Obama said that restoring the middle class means giving everyone a chance to succeed. "The truth is we'll never be able to compete with other countries when it comes to who's best at letting their businesses pay the lowest wages, who's best at busting unions, who's best at letting companies pollute as much as they want. That's a race to the bottom that we can't win, and we shouldn't want to win that race."
  • Supporting Anti-Worker Agenda. Romney said it was critical to support Gov. Scott Walker’s efforts to “rein in out-of-control public employee pay and benefits in Wisconsin.”
  • “110%” Behind Anti-Worker Law. Romney said he supported the anti-middle class SB 5 in Ohio “110 percent.”
  • Backing Union-Busting Laws. Romney said that union-busting “right-to-work for less” legislation “makes a lot of sense.”
  • Opposing Enforcement of Labor Laws. Romney opposes enforcement of federal labor law by the National Labor Relations Board, which he says is “stacked with union stooges.”
  • Standing with Big Business Over Workers. Romney called the enforcement of federal labor laws against union-busting business an “assault on business” and “political payback.”

HEALTHCARE

  • 32 Million Americans Covered. President Obama's historic healthcare reform law, the Affordable Care Act, expanded healthcare coverage to an additional 32 million uninsured Americans.
  • Quality Coverage Regardless of Pre-Existing Conditions or Illness. The law prevents people with pre-existing conditions from being denied quality insurance coverage and prohibits insurance companies from dropping people due to illness.
  • Coverage for Young Adults and Children. Parents are allowed to keep their children on their health plans until age 26. President Obama gave 11 million children coverage under the State Children's Health Insurance Program (SCHIP).
  • Healthcare Reform Repeal. Romney said as president he would issue an Executive Order to provide a waiver from the Affordable Care Act for all 50 states, then work with Congress to repeal the law.
  • Under Romney, Insurance Costs Rose By 20 Percent. Romney's 2006 healthcare reform plan in Massachusetts helped insure half a million people but failed to curb overall costs for policyholders. In fact, the median premium rose by more than 20 percent between 2005 and 2009.

FINANCIAL REFORM

  • Reforms that Hold Wall Street Accountable. To better protect consumers, President Obama enacted the most sweeping financial reform package since the Great Depression.
  • Better Protections for Consumers. The president established the Consumer Financial Protection Bureau, which increases regulation and oversight of big banks and mortgage companies.
  • Credit Card Rates and Fees Reined In. President Obama also enacted the CARD Act, which reigns in and reduces credit card rates and fees.
  • Wall Street Burdened with Unnecessary Regulations. Romney criticized Wall Street reform and said the "level of over-regulation and burden which has been placed on the financial services sector I think is unnecessary."
  • Wall Street Greed Not Responsible For Financial Crisis. Romney criticized President Obama for regulating the financial industry, saying Wall Street greed "is not the reason we had an economic meltdown."
  • Main Street Deserves Blame. Romney said that although Wall Street is to blame for causing the financial meltdown, "so is Main Street."

RETIREMENT SECURITY

  • Protecting Social Security. President Obama vowed to protect Social Security benefits and refused to move the goal post by increasing the Medicare eligibility age.
  • Immediate Relief for Seniors. The president's economic recovery act provided immediate relief to retirees, giving beneficiaries a one-time payment of $250.
  • Shift to Private Accounts. In 2007, Romney said President Bush's plan to use private Social Security accounts "works."
  • Fraudulent System. Romney went so far as to compare the Social Security system to criminal fraud.

IMMIGRATION

  • A Balanced, Comprehensive Approach. President Obama supports comprehensive immigration reform, understanding that a balanced approach is the only solution to end illegal immigration.
  • Supports the DREAM Act. The president is an ardent supporter of the DREAM Act, legislation that provides upstanding undocumented immigrants who were brought to America as children a pathway to citizenship.
  • Halted Noncriminal Deportations. President Obama released a strong policy that halted deportation proceedings for noncriminal immigrants.
  • No Pathway to Citizenship. Romney said illegal immigrants should "get in line" and shouldn't receive a pathway to citizenship.
  • Deportation in 90 Days. In 2008, Romney proposed sending undocumented immigrants back to their home countries in as little as 90 days.
  • Children Denied In-State Tuition. As governor, Romney opposed in-state tuition for children of undocumented immigrants.

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