Sunday, December 16, 2012

Barack O'Clock: Meeting on College Tuition Tax Credit


The prez will be tackling taxes on Wednesday, Oct. 13. After meeting with his advisers in the Oval Office, he'll be discussing the American Opportunity Tax Credit in the afternoon. Here's what's on tap:
10:00 a.m. -- Press Secretary Robert Gibbs will convene an off-camera gaggle in the Brady Press Briefing Room.
10:30 a.m. -- The president receives the Presidential Daily Briefing in the Oval Office.
11:00 a.m. -- Receives the Economic Daily Briefing in the Oval Office.
11:45 a.m. -- Meets with senior advisers in the Oval Office.
1:45 p.m. -- Meets with college students and their families to discuss the impact of the American Opportunity Tax Credit. For tax years 2009 and 2010, the law allows families with tuition expenses to receive a tax credit of up to $2,500 per student, and up to $1,000 per year of this amount is refundable. According to the White House, the credit is "a key part" of the Recovery Act and something the president is hoping to make permanent in his fiscal year 2011 budget.
1:50 p.m. -- Delivers a statement to the press in the Rose Garden.

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