Eagle Forum Legislative Alerts

Tuesday, February 02, 2010

President Obama’s budget seeks an end to tax break for the middle class

Grappling to contain record deficits, President Barack Obama is seeking to end a middle-class tax break he once said would be permanent.

The $3.8 trillion budget request rolled out by the White House on Monday would renew the Making Work Pay tax credit for fiscal 2011, but then would have it sunset.

That’s a switch from last year, when Obama’s budget called for making the tax credit permanent.

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