Obama tries to channel Hillary, proposes 3 of her campaign ideas for the middle class..
heh. Obama is latching onto 3 ideas Hillary talked about at all of her campaign rallies. Trying to ‘feel our pain’. He is no Big Dawg or Hill, and notice his cut off for middle class help is 85k a year…so much for 250k eh? Hey I will take it where we can get it but I know who we have to thank, the Tea Party Patriots, voters of Massachusetts and Hillary, who kept winning the blue collar middle class voters, primary after primary.
…Obama will propose Monday an expansion of the child-care tax credit and a set of other initiatives designed to help the middle class.
…a near doubling of the child and dependent care tax credit for families that make less than $85,000 a year. The tax credit rate would be boosted to 35% from 20% of qualifying expenses.
…propose limiting a student’s federal loan payments to 10% of his or her income above a basic living allowance, requiring all employers to give employees the option of enrolling in a direct-deposit IRA, expanding tax credits to match retirement savings, and improving 401(k) transparency.
Another item Hillary championed that Obama is swiping is tax credits to help families caring for an elderly relative.
Thank you Hillary.