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Economic plans elements of President Bush and John Kerry

SHARE Economic plans elements of President Bush and John Kerry

Important elements of the economic plans of President Bush and Democrat John Kerry. All figures are totals for the 10 years ending in 2014 unless otherwise indicated.

Kerry's Initiatives:

Expand health care coverage, $653 billion.

Education, $207 billion.

5 percent corporate tax cut, $120 billion.

Veterans and military families, $55 billion.

Temporary jobs stimulus, $47 billion.

Energy and environment, $35 billion.

Kerry's Savings:

Repeal Bush tax cuts on people earning more than $200,000 annually, $860 billion.

Create a commission to recommend ways to reduce federal payments to corporations and enact those proposals, $300 billion.

Better disease management by companies and other health savings, $300 billion.

Close loopholes on taxes owed by companies overseas, $120 billion.

Cut 100,000 federal contractors, $50 billion.

Cut federal electric bill by 20 percent, $14 billion.

Bush's Initiatives:

Extend tax cuts enacted in 2001 and 2003, which otherwise expire by 2010, $979 billion.

Tax cuts and spending increases for health care, economic development, education and jobs, $74 billion.

Other tax cuts for education, charitable giving, other items, $199 billion.

Other initiatives for which White House has provided only five-year numbers: Defense and domestic security, $185 billion.

Bush's Savings, Cost Over Five Years:

All other domestic programs, excluding automatic benefits like Social Security, $115 billion.

Medicaid and other benefit programs, $33 billion.