Obama Ask Congress Extends Tax Credits

Obama Ask Congress Extends Tax Credits - President Barack Obama will ask Congress Wednesday (8 / 9) to improve and extend tax credits for business research as a way to increase job growth.This was conveyed by government officials on Sunday (5 / 9). Quoting Reuters, the proposal would cost U.S. $ 100 billion over 10 years. "Obama plans to pay for it by closing corporate tax," said the official, who spoke on condition of anonymity.
Office of the Obama administration pursue the target to overcome the 9.6 percent unemployment rate and strengthen the economic recovery from its worst recession in 70 years.