Sebelius barnstorms state for Obama

North Carolina Foreclosure & Real Estate News

RALEIGH — Kansas Gov. Kathleen Sebelius said today that presidential hopeful Barack Obama is best positioned to guide the country’s economy, including helping to ease the home foreclosure crisis.

“We have 22,000 citizens in this state that are precariously close to losing their homes through foreclosures,” Sebelius said at a news conference at Wake Technical Community College.

Obama has proposed creating a $10 billion fund aimed at helping families renegotiate their loans and avoid losing their homes.

Sebelius’ comments were part of an effort by the Obama campaign to stress economic issues in the May 6th Democratic primary race.

The trip by the Kansan came as President Bill Clinton was scheduled Friday night to begin two days of campaigning in Eastern North Carolina. The Obama campaign announced plans to distribute 10,000 copies of its 47-page economic blueprint next week — at their 21 North Carolina campaign offices and at community meetings and town halls. The Obama document is also available on the campaign’s Web site.

Sebelius noted that Obama is proposing a $1,000 tax break for working families and eliminating the income tax for seniors making less than $50,000 a year. The Illinois senator also wants to offer a tax credit that ensures the first $4,000 of college costs are free, in return for the student doing a year of public service.

“It is a plan that recognizes that right now we are doing fine by Wall Street but not by Main Street,” Sebelius said.

Sebelius conducted a two-day swing through North Carolina, wearing a “Rock Chalk Barack” pin, and gently mentioning that the University of Kansas had defeated both Carolina and Davidson on the way to the national championship.

“People have been very kind to me despite the fact that our team has defeated two very impressive North Carolina teams in order to cut down the nets at the Alamodome,” Sebelius said.

Sebelius noted that Obama has strong support among women. Three of the five women Democratic governors support Obama, one supports Clinton and one is neutral, Sebelius said.

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