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Obama caught red-handed trying to raise taxes on people saving for college

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  3. Obama caught red-handed trying to raise taxes on people saving for college

User Info: ElGuiso

ElGuiso
3 years ago#1
http://finance.yahoo.com/news/white-house-drops-plan-scale-123049647.html

WASHINGTON (AP) -- The White House says it is dropping a proposal to scale back the tax benefits of college savings plans amid a backlash from both Republicans and Democrats.
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President Barack Obama made the proposal last week as part of his State of the Union address. It was part of Obama's plan to consolidate and simplify a sometimes confusing array of tax breaks for college students.

Resistance from Congress was swift. Republicans publicly criticized the plan, and aides said House Democratic Leader Nancy Pelosi pushed senior administration officials to drop it as she flew with the president aboard Air Force One from India to Saudi Arabia.

Other Democrats also privately weighed in against the plan, including Rep. Chris Van Hollen of Maryland, the top Democrat on the House Budget Committee, and Sen. Charles Schumer, D-N.Y.

A White House official said Tuesday the proposal had become a distraction...
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User Info: SPMcGuilicutty

SPMcGuilicutty
3 years ago#2
It's amazing how every decision Obama makes is the wrong decision.
Literally

User Info: TheRunner PD

TheRunner PD
3 years ago#3
Yeah. I wasn't happy to hear about that. Glad he's backed down from it.
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User Info: dmorrisssey

dmorrisssey
3 years ago#4
Don't you mean caught blue-handed?
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User Info: SockzForWokz

SockzForWokz
3 years ago#5
Obummer probably thought it would be ok since he is giving two free years of community college lmao
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User Info: Triad

Triad
3 years ago#6
Yeah that was a pretty bad idea.
The case against Clevinger was open and shut. The only thing missing was something to charge him with.

User Info: UnknownSuspect

UnknownSuspect
3 years ago#7
TheRunner PD posted...
Yeah. I wasn't happy to hear about that. Glad he's backed down from it.


Triad posted...
Yeah that was a pretty bad idea.


These.
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User Info: The-Apostle

The-Apostle
3 years ago#8
SPMcGuilicutty posted...
It's amazing how every decision Obama makes is the wrong decision.


Considering he's not very bright with his decision making... >_>
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User Info: SPMcGuilicutty

SPMcGuilicutty
3 years ago#9
The-Apostle posted...
SPMcGuilicutty posted...
It's amazing how every decision Obama makes is the wrong decision.


Considering he's not very bright with his decision making... >_>


Most of his decisions have been working out pretty well, unless the GOP sabotages them.
Literally

User Info: The-Apostle

The-Apostle
3 years ago#10
SPMcGuilicutty posted...
The-Apostle posted...
SPMcGuilicutty posted...
It's amazing how every decision Obama makes is the wrong decision.


Considering he's not very bright with his decision making... >_>


Most of his decisions have been working out pretty well, unless the GOP sabotages them.


I disagree. Most of his decisions have been terrible.
Next up on the Packers' hit parade: Upcoming 2014 Season! GO PACK GO!
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