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Barack Obama Reveals Economic Proposals

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Senator Barack Obama revealed a new economic prescription to heal our money ailments on Monday during a rally in the key battleground state of Ohio, reports the Associated Press. Obama rolled out four new proposals that included giving tax breaks to businesses that create jobs, permitting families to withdraw 15 percent of their retirement from accounts (up to $10,000 without penalty) and temporarily barring banks from foreclosing on people trying to pay their mortgages. The Obama camp claims that these proposals would likely cost $60 billion over the next two years.

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