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Child care tax credit doubles in Obama plan: Is it enough?

By Rachel Weiner
One of the proposals President Obama unveiled Monday to help struggling middle-class families has caught the attention of mommy bloggers and members of the public alike, according to Google Trends -- nearly doubling the child care tax credit for families making under $85,000 a year.

Obama will push to increase the credit rate from 20 percent to 35 percent for families making under $85,000 a year. Families making from $85,000 to $115,000 also would see an increase in their tax credit.

Response from liberal policy professionals, who might have been expected to hail the proposal, so far has been mixed. Heather Boushey and Joan C. Williams noted in a report for the Center for American Progress that the current tax credit offers most families "only a small annual subsidy" and does nothing for low-income families who "often don't earn enough to benefit significantly from or even receive the tax credit."

That's something the Obama proposal is unlikely to change, CAP's ThinkProgress blogger Matthew Yglesias notes, as the expanded tax credit would not be refundable. That means families with lower incomes would not get extra money back on their tax refunds.

"[M]aking it non-refundable -- i.e., useless to poor people -- considerably reduces its substantive merits," he wrote.

Said Boushey: "It's a great start but it's not enough."

During the presidential transition, Obama released a plan that would "provide low-income families with a refundable tax credit to help with their child-care expenses" -- a more aggressive posture than he is now taking.

By Rachel Weiner  |  January 25, 2010; 7:08 PM ET
Categories:  44 The Obama Presidency  
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Next: Is Obama moving to the middle?

Comments

"nearly doubling the child care tax credit for families making under $85,000 a year." What happened to the personal responsible logic of "if ya' can't feed 'em, don't breed 'em?

Posted by: IQ168 | January 26, 2010 2:02 PM | Report abuse

Memo to President Obama (STAFF, PLS. FWD.): "First, Do No Harm"

STOP THE COVER-UP. FIRST RESTORE THE RULE OF LAW IN AMERICA.

DO POTUS, ROBERT GATES AND JANET NAPOLITANO KNOW THAT A HOMELAND-INSTALLED CELL TOWER MICROWAVE ATTACK SYSTEM IS BEING USED TO SILENTLY, INVISIBLY TORTURE AND IMPAIR UNCONSTITUTIONALLY 'TARGETED' U.S. CITIZENS...

...MANY TAGGED AS 'DISSIDENTS' OR 'UNDESIRABLES'?

IF THEY DO NOT KNOW, HAVE THEY BEEN MISINFORMED?

IF THEY DO KNOW, ARE THEY COMPLICIT IN GOVERNMENT CRIMES AGAINST HUMANITY AND THE CONSTITUTION?

A secretive Homeland-directed multi-agency "coordinated action program" continues to use high-tech cell tower- based microwave and laser weaponry to silently, invisibly torture, impair, and physiologically and neurologically entrain -- in effect, enslave -- many thousands of unjustly and unconstitutionally "targeted" Americans, right here at home.

These Americans, entire families, also are subject to relentless surveillance, financial sabotage and police-protected community watch vigilante stalking, vandalism and other acts of government-tolerated domestic terrorism.

IT'S OBAMA'S GESTAPO USA NOW. WHEN WILL TEAM OBAMA ACT?

See: Poynter.org (Journalism groups -- Reporting):

"U.S. Silently Tortures Americans with Cell Tower Microwaves" •
"Gestapo USA: Fed-Funded Vigilante Network Terrorizes America"

http://www.poynter.org/subject.asp?id=2
http://nowpublic.com/world/u-s-silently-tortures-americans-cell-tower-microwaves
NowPublic.com/world/gestapo-usa-govt-funded-vigilante-network-terrorizes-america
OR NowPublic.com/scrivener (see "stories" list)

Posted by: scrivener50 | January 26, 2010 8:27 AM | Report abuse

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