{"id":642707,"date":"2010-01-25T21:41:38","date_gmt":"2010-01-26T02:41:38","guid":{"rendered":"http:\/\/davidkirkpatrick.wordpress.com\/?p=6528"},"modified":"2010-01-25T21:41:38","modified_gmt":"2010-01-26T02:41:38","slug":"white-house-throwing-the-middle-class-a-lifeline","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/642707","title":{"rendered":"White House throwing the middle class a lifeline"},"content":{"rendered":"
<\/p>\n

Here’s some of the options on the table<\/a>:<\/p>\n

\n

The initiatives were developed by the White House Task Force on\u00a0Middle Class Families, led by\u00a0Vice President Joe Biden. The proposals would:<\/p>\n

* Require companies that do not offer\u00a0retirement plans\u00a0to enroll their employees in direct-deposit retirement accounts unless the workers opt out.<\/p>\n

* Increase the “Savers Credit,” a tax credit for retirement savings, for families making up to $85,000.<\/p>\n

* Change some of the rules for\u00a0401(k)\u00a0employer-sponsored retirement savings accounts to make them more transparent.<\/p>\n

* Increase the\u00a0child tax credit rate\u00a0to 35 percent of qualifying expenses from the current 20 percent for families making under $85,000 a year. Families making up to $115,000 would be eligible for some increase in the tax credit.<\/p>\n

* Increase\u00a0child care\u00a0funding by $1.6 billion in 2011 to serve an additional 235,000 children.<\/p>\n

* Boost\u00a0government spending\u00a0by $102.5 million for programs aimed at helping families who provide home care for an aging relative.<\/p>\n

* Ease the burden for\u00a0student loans\u00a0by limiting a borrower’s payments to 10 percent of his or her income above a basic living allowance.<\/p>\n<\/blockquote>\n

\"\"<\/a> \"\"<\/a> \"\"<\/a> \"\"<\/a> \"\"<\/a> \"\"<\/div>\n","protected":false},"excerpt":{"rendered":"

Here’s some of the options on the table: The initiatives were developed by the White House Task Force on\u00a0Middle Class Families, led by\u00a0Vice President Joe Biden. The proposals would: * Require companies that do not offer\u00a0retirement plans\u00a0to enroll their employees in direct-deposit retirement accounts unless the workers opt out. * Increase the “Savers Credit,” a […]<\/p>\n","protected":false},"author":2563,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4821],"tags":[],"class_list":["post-642707","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-2Hcf","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/642707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/2563"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=642707"}],"version-history":[{"count":0,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/642707\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=642707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=642707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=642707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}