May 7 2009

Advanced EITC Targeted for Cuts

Posted by Carolyn Spohrer at 12:24 PM Press Releases

Proposed Budget Cuts Include the Advanced EITC

Yesterday, senior officials in President Obama's administration offered a preview of some of the $17 billion in savings proposals that will accompany the fiscal 2010 budget request.  The White House today released more details of its fiscal 2010 spending request, including its reasons for targeting 121 programs for elimination. 

One of the proposed cuts is the Advanced Earned Income Tax Credit.

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Read more of the proposed cuts....