Scholastic Student Reporter
"The third step in my economic plan is to invest in the future," Kerry told a roaring crowd. He explained that this part of his plan will help the country expand broadband Internet access, help develop and grow small- and medium-sized businesses, and provide access to college degrees and job training.
"I want the people who are learning about their jobs right now to have a job waiting for them when they graduate from college," Kerry said.
Kerry said he would introduce a college opportunity tax credit to allow federal tax deductions of up to $4,000 for each school year.
To boost the economy, he wants to give the middle class a tax cut to lower the income taxes they pay on their wages.
The second pillar, announced earlier on the bus tour, is to make America more competitive economically with other countries. Kerry proposes reforming health care to lower insurance costs, and ending tax breaks for companies that send jobs overseas. He also promised to cut the nation's deficit spending in half in four years, and promote policies to make America independent of foreign oil for its energy needs.