Obama announces initiatives for middle class - Spokane, North Idaho News & Weather KHQ.com

Obama announces initiatives for middle class

WASHINGTON. - President Barack Obama is offering new ideas meant to help struggling people pay bills and care for their families, aiming to help a middle-class he says has been "under assault for a long time."
     
Obama and Vice President Joe Biden outlined a series of proposals that will be in Obama's budget next month.
     
They include a doubling of the child care tax credit for families earning under $85,000, a program to cap student loan payments for people carrying a big college debt burden and aid for families taking care of elderly relatives.

"We give them the tools, the flexibility, even just a chance to succeed, we're not only going to rebuild this economy, we're going to offer millions of Americans to build a future that they hope and still believe is available to them," said Vice President Biden.

The president on Monday spoke to members of the task force, led by Biden, that he appointed to help the middle class. Obama is ensuring those in economic distress that he hears them.

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