Obama's Diagnosis? Right. Cure? All Wrong

Obama's Diagnosis? Right. Cure? All Wrong

President Obama finally found a tax cut Republicans don't like. In his State of the Union speech last night, Obama formally, if obliquely outlined his proposal for nearly $200 billion (over ten years) in middle-class tax relief. It includes an expansion of the existing child-care and earned income tax credits, as well as a new $500 "second earner" tax credit for married couples.

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