Obama Shelves Jobs Credit Proposal

Bowing to widespread Democratic skepticism, President-elect Barack Obama drop its offer to include a tax break once touted the economic stimulus bill now taking shape on Capitol Hill, said last night helpers. He has proposed $ 300 billion in tax relief in a bill that could reach $ 775 billion, and has resurrected the jobs credit proposal of the campaign as one of its main provisions. Obama suggested $ 3. 000 credits for work last week as one of the five individual and business tax incentives designed to win Republican support.

18.5.09 09:57

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