Obama’s Economic Policy Proposals
A Secure Retirement â€“ Obama will require employers to enroll every worker in a direct deposit retirement account that places a small percentage of each paycheck into savings. Workers would be able to retain this account even if they change jobs, and the federal government will match the savings for working families.
A Credit Card Bill of Rights â€“ Obama will institute a five-star rating system to inform consumers about the level of risk involved in every credit card and establish a Credit Card Bill of Rights that will ban unilateral changes to a credit card agreement; ban rate changes to debt thatâ€™s already incurred; and ban interest on fees.
Reforming Bankruptcy Laws â€“ Obama will reform bankruptcy laws to make sure that those who can demonstrate they went bankrupt because of medical expenses can relieve their debt and get back on their feet.