The Following, A
selection of issues at stake in the presidential election and their impact on
Americans, in brief, is reprinted without permission from the Associated Press:
Abortion:
Abortion and birth
control are divisive issues in politics, and they've flared up at times in this
campaign despite the candidates' reluctance to dwell on them.
President Barack
Obama supports abortion rights. And his health care law requires contraceptives
to be available for free for women in workplace health plans.
Republican Mitt
Romney opposes abortion rights, though he previously supported them. He says
the Supreme Court ruling establishing abortion rights should be reversed,
allowing states to ban abortion. He's also criticized mandatory coverage for
contraception as a threat to religious liberty.
Romney's ability as
president to enact federal abortion restrictions would be limited unless
Republicans gained firm control of Congress. But the next president could have
great influence over abortion policy if vacancies arise on the Supreme Court.
If two seats held by liberal justices were filled by Romney-nominated
conservatives, prospects for a reversal of Roe v. Wade would increase.
___
Afghanistan:
The stakes now are
similar to what caused the U.S. to invade almost 11 years ago: the threat of
more al-Qaida attacks.
Obama says U.S.
forces must not leave until Afghan forces can defend the country on their own.
Otherwise the Taliban would regain power and al-Qaida might again launch
attacks from there. Rival Romney appears to share that view.
What's often
overlooked in the "al-Qaida returns" scenario is an answer to this
question: Why, after so many years of foreign help, are the Afghans still not
capable of self-defense? And when will they be?
The official answer
is by the end of 2014, when the U.S. and its allies plan to end their combat
role. The Afghans will be fully in charge, or so it is hoped, and the war will
be over, at least for Americans.
___
Campaign finance:
This election
probably will cost more than $1 billion. Big donors who help cover the tab
could gain outsized influence with the election's winner. Your voice may not be
heard as loudly as a result.
Recent court
decisions have stripped away restrictions on how elections are financed,
allowing the very rich to afford more speech than the rest. In turn, super PACs
have flourished, thanks as well to limitless contributions from the wealthy —
including contributors who have business before the government.
Disclosure rules
offer a glimpse into who's behind the money. But the information is often too
vague to be useful. And nonprofits that run so-called issue ads don't have to
reveal donors.
Obama criticized the
Supreme Court for removing campaign finance restrictions. Republican
presidential nominee Romney supported the ruling. Both are using the lax rules
with gusto.
___
China:
The U.S. accuses
China of flouting trade rules and undervaluing its currency to helps its
exporters, hurting American competitors and jobs. But imposing tariffs could
set off a trade war and drive up prices for American consumers.
Tensions now have
spread to the automotive sector: The U.S. is seeking international rulings
against Chinese subsidies for its auto and auto-parts exports and against
Chinese duties on U.S. autos. Romney says he'll get tougher on China's trade
violations. Obama has taken a variety of trade actions against China, but on
the currency issue, he has opted to wait for economic forces to encourage
Beijing to raise values.
Cheap Chinese goods
have benefited American consumers and restrained inflation. But those imports
have hurt American manufacturers. And many U.S. companies outsource production
to China. One study estimated that between 2001 and 2010, 2.8 million U.S. jobs
were lost or displaced to China.
___
Climate change:
This year America's
weather has been hotter and more extreme than ever before, records show. Yet
the presidential candidates aren't talking about it.
In the U.S. July was
the hottest month ever recorded, and this year is on track to be the warmest.
Scientists say that's both from natural drought and man-made global warming.
Each decade since the 1970s has been nearly one-third of a degree warmer than
the previous one.
Sea levels are
rising while glaciers and summer Arctic sea ice are shrinking. Plants are
blooming earlier. Some species could die because of global warming.
Obama proposed a
bill to cap power plant carbon dioxide emissions, but it died in Congress.
Still, he's doubling auto mileage standards and put billions into cleaner
energy. Romney now questions the science of man-made global warming and says
some actions to curb emissions could hurt an already struggling economy.
___
Cybersecurity:
The risk of a
devastating cyberattack on the United States is real. Yet the country remains
vulnerable to an electronic Pearl Harbor due to a political dispute over the
role the federal government should play in securing the computer networks that
control the electrical grid, water supply and other critical sectors.
Obama wants the owners
of essential U.S. infrastructure to meet minimum cybersecurity standards. But
Republicans in Congress say the president's approach will only lead to costly,
time-consuming regulations that won't reduce the risk. Romney says Obama has
failed to lead on a critical national security issue.
While Congress
bickers, the Pentagon worries. "The uncomfortable reality of our world
today is that bits and bytes can be as threatening as bullets and bombs,"
Gen. Martin Dempsey, the chairman of the Joint Chiefs of Staff, told lawmakers.
___
Debt:
A sea of red ink is
confronting the nation and presidents to come.
The budget deficit —
the shortfall created when the government spends more in a given year than it
collects — is on track to top $1 trillion for the fourth straight year. The
government borrows about 40 cents for every dollar it spends.
The national debt is
the total amount the federal government owes. It's risen to a shade over $16
trillion.
Obama has proposed
bringing deficits down by slowing spending gradually, to avoid suddenly tipping
the economy back into recession. He'd raise taxes on households earning more
than $250,000 and impose a surcharge of 30 percent on those making more than $1
million. Romney would lower deficits mostly through deep spending cuts. But
many of the cuts he's pushing would be partially negated by his proposals to
lower top tax rates on corporations and individuals.
___
Defense spending:
At its core, the
debate over how much the U.S. spends on defense gets down to this: What is it
that America should be defending against?
There are plenty of
potential security threats on the horizon, not to mention an unfinished war in
Afghanistan.
The size and shape
of the defense budget go a long way toward determining whether the U.S. can
influence events abroad, prevent new wars and be ready for those it can't
avoid. It also fuels the domestic defense industry in ways that affect the
vitality of communities large and small across the country.
Obama wants more
restraint in military spending while Romney favors expansion. Obama also wants
more focus on Asia-Pacific security, reflecting China's military modernization.
But that and other elements of military strategy could come apart if Washington
doesn't find a way to avoid automatic budget cuts starting in January.
___
Economy:
The job market is
brutal and the economy weak. More than 12 million Americans can't find work;
the unemployment rate fell in September but is still at a recession-level 7.8
percent. It had been more than 8 percent for 43 straight months. A divided
Washington has done little to ease the misery.
The economy didn't
take off when the recession ended in June 2009. Growth has never been slower in
the three years after a downturn. The human toll is staggering. Forty percent
of the jobless, 4.8 million people, have been out of work six months or more —
a "national crisis," according to Federal Reserve Chairman Ben
Bernanke. Wages aren't keeping up with inflation.
Obama wants to
create jobs by keeping taxes low for everybody but the wealthiest and with
public-works spending, clean energy projects and targeted tax breaks to
businesses. Romney proposes further cuts in tax rates for all income levels;
he'd also slash corporate rates, reduce regulations and encourage oil production.
___
Education:
Education ranks
second only to the economy in issues important to Americans. Yet the U.S. lags
globally in educating its children. And higher education costs are leaving
students saddled with debt or unable to afford college at all.
State budget cuts
have meant teacher layoffs and larger class sizes. Colleges have had to make do
with less. It all trickles down to the kids in the classroom.
Although Washington
contributes a small fraction of education money, it influences teacher quality,
accessibility and more. For example, to be freed from provisions of the No
Child Left Behind law, states had to develop federally approved reforms.
Romney wants more
state and local control over education. But he supports some of Obama's
proposals, notably charter schools and teacher evaluations. So, look for them
to be there whoever wins the White House.
___
European economic
crisis:
Europe is struggling
to control a debt crisis, save the euro currency and stop a repeat of the 2008
financial crisis that sent the world into recession.
Europe's troubles
are the No. 1 threat to the U.S. economy. The biggest fear is that the
17-country eurozone will split, causing a financial crisis that will spread
across the Atlantic, freeze credit and send the U.S. economy back into
recession.
Neither Obama nor
Romney has offered plans for Europe. The U.S. government lacks the cash and the
will to rescue European countries struggling with huge government debts.
Obama has urged
Europe to act more decisively. Romney warns that the United States will face
its own day of reckoning if it can't reduce the federal debt. Many economists
call for eurozone countries to assume joint responsibility for the weakest
countries' debts through eurobonds; Germany has balked at the idea.
___
Gay marriage:
Both sides of the
gay marriage debate agree on this much: The issue defines what sort of nation
America will be.
Half a dozen states
and the District of Columbia have made history by legalizing it, but it's
prohibited elsewhere and 30 states have placed bans in their constitutions.
Obama supports legal
recognition of same-sex marriage, as a matter decided by states. Romney says
same-sex marriage should be banned with a constitutional amendment.
The debate divides
the public down the middle, according to recent polls, and stirs up passion on
both sides.
In November, four
states have gay-marriage measures on their ballots. In Minnesota, the vote is
whether to ban gay marriage in the state constitution. Voters in Maine,
Maryland and Washington state are voting on whether to legalize gay marriage.
Thus far, foes of
gay marriage have prevailed in all 32 states where the issue reached the
ballot.
___
Guns:
Gun violence has
been splayed across front pages with alarming frequency lately: the movie
theater killings in Colorado, the Sikh temple shootings in Wisconsin, the
gunfire outside the Empire State Building and more. Guns are used in two-thirds
of homicides, according to the FBI. But the murder rate is less than half what
it was two decades ago.
Neither Obama nor
Romney has had much to say about guns during the campaign. Obama hasn't pushed
gun control measures as president; Romney says new gun laws aren't needed.
It's getting harder
to argue that stricter gun laws are needed when violent crime has been
decreasing without them.
But the next
president may well fill at least one Supreme Court seat, and the court is
narrowly divided on gun control. An Obama appointee could be expected to be
friendlier to gun controls than would a Romney nominee.
___
Health care:
America's health
care system is unsustainable. It's not one problem, but three: cost, quality
and coverage.
The U.S. has
world-class hospitals and doctors. But it spends far more than other advanced
countries and people aren't much healthier. And in an aging society, there's no
reliable system for long-term care.
Obama's expansion of
coverage for the uninsured hits high gear in 2014. Obama keeps today's Medicare
while trying to slow costs. He also extends Medicaid.
Romney would repeal
Obama's health care law but hasn't spelled out what he'd do instead. On
Medicare, he favors the option of a government payment to help future retirees
get private coverage.
The risk of
expanding coverage: Health costs consume a growing share of the stressed
economy. The risk of not: Millions continue uninsured or saddled with heavy
coverage costs as the population grows older.
___
Immigration:
An estimated 11.5
million illegal immigrants are living and often working in the United States.
Figuring out what to do with them has confounded Washington for years.
Lax enforcement
could mean more illegal immigrants competing with citizens and legal immigrants
for jobs and some social services. A too-tight policy could mean farmers and
others in industries that rely on the cheaper labor of illegal immigrants are
left begging for workers, passing higher costs on to everyone else or going out
of business.
Obama backed the
DREAM Act, a failed bill that would have provided a path to legal status for
many young illegal immigrants. In June, Obama decided to allow as many as 1.7
million of them to stay for up to two years. Romney supports completing a fence
at the Mexican border and other tough security measures while pledging to veto
the DREAM Act. He'd honor the work permits of those who obtained them under
Obama.
___
Income
inequality:
The income gap
between the rich and everyone else is getting larger, while middle incomes
stagnate. That's raised concerns that the middle class isn't sharing in economic
growth as it used to.
Obama would raise
taxes on households earning more than $250,000 a year, plus set a minimum tax
rate of 30 percent for those earning $1 million or more. He also wants to spend
more on education, "a gateway to the middle class." Romney would cut
taxes more broadly and says that will generate enough growth to raise all
incomes.
Income inequality
has risen for three decades and worsened since the recession ended. The Census
Bureau found the highest-earning 20 percent earned 51.1 percent of all income
last year. That was the biggest share on records dating to 1967. The share
earned by households in the middle 20 percent fell to 14.3 percent, a record
low.
___
Infrastructure:
Much of America's
infrastructure — the interstate highway system, mass transit networks and more
— is well-over half a century old and in need of serious repair and
modernization. System breakdowns and bottlenecks are slowing commerce, at a
cost to the economy and America's global competitiveness. The World Economic
Forum put the U.S. 24th last year in the quality of its infrastructure, down
from fifth in 2002.
The dilemma facing
any president is how to maintain critical public works when budgets are
crippled. Both candidates say infrastructure is important. The divide is over
how to pay for it, and which projects.
Obama has favored
stimulus-style spending and pushed for innovations like high-speed rail. Romney
favors less federal involvement. He also shuns the idea that public-works
spending is a good way to jumpstart the economy, saying decisions on projects
should be based on need and potential returns.
___
Iran:
With the Iraq war
over and Afghanistan winding down, Iran is the most likely place for a new U.S.
military conflict.
Obama says he'll
prevent Iran from acquiring nuclear weapons. He hopes sanctions alongside
negotiations can get Iran to halt uranium enrichment. But the strategy hasn't
worked yet. Obama holds out the threat of military action as a last resort.
Romney accuses Obama
of being weak on Iran. He says the U.S. needs to present a greater military
threat.
Attacking Iran is no
light matter, however. That is why neither candidate clearly calls for military
action.
Tehran can disrupt
global fuel supplies, hit U.S. allies in the Gulf or support proxies such as
Hezbollah in acts of terrorism. It could also draw the U.S. into an unwanted
new war in the Muslim world.
___
Labor:
Unions have long
been viewed as a way for workers to gain job protections, boost wages and
benefits and live a middle-class life. But organized labor has been in a
tailspin for decades, losing millions of members and the influence it once
wielded in the workplace.
About 14.8 million
Americans are members of labor unions. That's just 11.8 percent of the
workforce — down from about a third of all workers in the 1950s.
The numbers have
dropped as domestic manufacturing jobs go overseas and businesses take a
tougher approach against union organizers.
Union leaders want
Washington's help in making it easier to organize members and promote the use
of union labor. They've had some success under Obama. But Romney says as
president, he would reverse all of Obama's union-friendly executive orders. And
he'd seek national right-to-work legislation prohibiting unions from collecting
dues from nonmembers.
___
Missile defense:
Missile technology
is proliferating. It remains unclear how quickly foes like Iran and North Korea
could develop a capability to reach the United States with missiles, but the
U.S. says Iran is already able to hit allies in Europe.
The United States is
spending nearly $10 billion a year on missile defense when military budgets are
stretched. But the programs have yet to prove that they can reliably knock
long-range missiles out of the sky.
The U.S. is deploying
missile interceptors not only on home soil, but in Europe and Asia, drawing
complaints from Russia and China. Moscow has said it will resist plans backed
by both Obama and Romney. Romney has said he will not compromise with Russia on
U.S. missile defense capabilities. And he opposes a missile-defense spending
cut favored by Obama.
___
Supreme Court
appointments:
With four justices
in their 70s, odds are good that whoever wins in November will fill at least
one Supreme Court seat. The next justice could dramatically alter the direction
of a court split between conservatives and liberals.
One new face could
mean a sea change in how millions get health care, shape gay rights and much
more.
Obama already has
put his stamp on the court by selecting liberal-leaning Justices Elena Kagan
and Sonia Sotomayor, 50-somethings who could serve a quarter-century or more.
Romney has promised to name justices in the mold of the court's conservatives.
Since the New Deal,
Supreme Court decisions have made huge differences in American lives, from
rulings to uphold Social Security, minimum wage laws and other Depression-era
reforms to ringing endorsements of equal rights. Big decisions on health care,
gun rights and abortion have turned on 5-4 votes.
___
Social Security:
Unless Congress
acts, the trust funds that support Social Security are on pace to run out of
money in 2033, triggering an automatic 25 percent cut in benefits that millions
of older Americans rely on for most of their income.
That may seem far
off. But the sooner Congress acts, the more time to phase in changes slowly.
Social Security
could be preserved for generations with modest but politically difficult
changes to benefits or taxes, or some of both.
Obama hasn't laid
out a detailed plan for addressing Social Security. Romney proposes a gradual
increase in the retirement age and, for future beneficiaries, slower growth in
benefits for the wealthy.
But nothing will
happen without White House leadership.
For millions of
retired and disabled workers, Social Security is almost all they have to live
on. Monthly retirement benefits are $1,237; average disability benefits,
$1,111.
___
Syria:
Syria's conflict is
the most violent to emerge from last year's Arab Spring. Activists say at least
23,000 people have died over the last 18 months.
Obama wants Syrian
President Bashar Assad to leave power. But he won't use U.S. military force to
make that happen.
Romney says
"more assertive" U.S. tactics are needed, without fully spelling them
out.
The future of Arab
democracy could hinge on the crisis. After dictatorships fell in Tunisia,
Egypt, Libya and Yemen, critics say Assad's government has resorted to torture
and mass killings to stay in power.
Its success would
deny the U.S. a major strategic victory. Assad long has helped Iran aid Hamas
and Hezbollah, destabilizing Lebanon while threatening Israel's security and
U.S. interests in the Middle East.
But extremists among
the opposition, Assad's weapons of mass destruction and worries about Israel's
border security have policymakers wary about deeper involvement.
___
Taxes:
Almost every U.S.
taxpayer faces a significant tax increase next year, unless Congress and the
White House agree on a plan to extend a huge collection of tax cuts expiring at
the end of the year.
And there's a huge
debate over how to overhaul the tax code to make it simpler, with lower rates
balanced by fewer deductions.
Obama wants to
extend Bush-era tax cuts again, but only for individuals making less than
$200,000 and married couples making less than $250,000.
Romney wants to
extend all those tax cuts and enact new ones, dropping all income tax rates by
20 percent. Romney says he would pay for that by eliminating or reducing tax
credits, deductions and exemptions. But he won't say which ones would go.
Most lawmakers want
a simpler tax code, but millions count on the mortgage interest deduction,
child tax credit and more, making progress all but impossible.
___
Wall Street
regulation:
The debate over
banking rules is, at its core, a dispute about how to prevent another economic
cataclysm.
The financial crisis
that peaked in 2008 touched off a global economic slowdown. Four years later,
the recovery remains painfully slow.
After the crisis,
Congress passed a sprawling overhaul of banking rules and oversight. The law
gives regulators new tools to shutter banks without resorting to emergency
bailouts. It restricts risky lending and establishes a new agency to protect
consumers from misleading marketing and other traps.
The new rules also
boost companies' costs, according to Romney and many in the business community.
Romney believes the law is prolonging the nation's economic agony by making it
harder for companies to invest and grow. He has pledged to repeal it. Obama
fought for and supports the law.
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