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Obama Wins! How This Could Affect Your Finances

This infographic, brought to you by Total Bankruptcy, highlights how Taxes, Medicare, Disaster Relief and Women's Reproductive Rights could be affected by President Obama being elected for a second term.

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Obama Elected for a Second Term

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Americans have voted. President Barack Obama will retain his office for four more years.

This could mean:

Lower Taxes

  • Obama has cut taxes for every working American -- $3,600 for the typical middle class family, but has no new plans to lower middle class taxes any further.
  • That's more than the average American spends on gas annually.

Cheaper Medicare

  • The Affordable Care Act will bring in an estimated $318 billion more to Medicare over the next decade.
  • That is enough to cover 28.3 million Americans more than the 49 million currently covered.

Improved Disaster Relief

  • FEMA took 3 days to respond to the aftermath of Hurricane Katrina.
  • Under pressure from Obama, FEMA responded the day after Hurricane Sandy made landfall, potentially saving hundreds of lives.

Protected Women's Reproductive Rights

  • 20.4 million women have received preventative care, including contraception and counseling, under the Affordable Care Act.
  • That is more than the entire population of New York state.

More Presidential & Economic News


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