McCain Targets Seniors, Investors With New Plan
In an effort to gain political traction as economic insecurity
rises, John McCain outlined a new economic package yesterday to
help investors and senior citizens. The plan would cut long-term
capital gains taxes in half and would change rules on 401(k) and IRA
withdrawals. Democratic nominee Barack Obama -- who unveiled a $60
billion package of spending and tax-breaks the day before -- criticized
the proposals for being too limited and benefiting the wealthy.
McCain Calls For "Voter Fraud Investigation"
Like conservatives and some media outlets, John McCain conflated two
entirely different voter problems on the stump yesterday, calling for
an immediate investigation into the community organization ACORN for
what he described as "voter fraud going on" in battleground states.
According to the Los Angeles Times, election experts say it is
unlikely that bad names will be added to the rolls or lead to
fraudulent ballots.
Candidates Prepare For Third Debate
Tonight marks the third and final presidential debate of the
election season, offering the candidates one last chance to appeal to
undecided voters. The theme of tonight's subplot could be "say it to my
face," a line Obama uttered last week in a possible attempt to bait
McCain into mentioning Bill Ayers. Both candidates and moderator Bob
Schieffer will be seated at a table together, which the San Francisco Chronicle says could prevent
either candidate from throwing "a metaphorical haymaker punch within
literal haymaker distance of their opponent."
State Parties Rake In The Dough
Just days before the November 4 election, both major political
parties in Illinois have reported substantial increases in fundraising,
with the Democrats outpacing the Republicans by a
two-to-one advantage. The Democratic Party reported more than $465,000
in donations alone on Tuesday, while the GOP
reportedly took in more than $251,000 since Friday, although $200,000
came from the political fund of Illinois House Minority Leader Tom
Cross (R-Oswego).
Daley To Halt City Services
In the face of a $469 million budget shortfall, Mayor Daley
announced yesterday he will force city workers -- except for police and
fire -- to take unpaid days off the day after Thanksgiving, on Christmas Eve and on New Year's
Eve for the next two years, a move city labor leaders said they could
not avert. Daley, who hopes to save $20 million from the plan, called
it " a good thing for the city, the taxpayers."
Dart Moves Closer To Lifting Eviction Moratorium
Just one week after grabbing national headlines by implementing a
moratorium on foreclosure evictions, Cook County Sheriff Tom Dart said
he's one step closer to ending his prohibition thanks to a legal ruling
on Tuesday. The decision forces courts to use a new document for
foreclosure evictions that identifies tenants living at the foreclosed
property specifically and states how long they are allowed to remain in
their unit.
Image used under a Creative Commons license by Flickr user Scotriani.









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