Week 12 Print

OBAMA'S INCOME TAX PROPOSAL LOOKS PROMISING FOR AMERICANS

"We start from the simple premise that we should reduce the tax burden on working people, while helping Americans go to college, own a home, raise a family, start a business and save for retirement," he said. "Those goals are the foundation of the American dream, and they are the focus of my tax policy."

The vast majority of U.S. workers will benefit from the tax cuts included in the $787-billion economic stimulus signed into law this year, according to the White House. That relief started with modest payroll tax cuts on April 1 and includes $400 income-tax credits for individuals and $800 credits for families this year.

These breaks will offer relief for 120-million families, the president said, putting "$120 billion directly into their pockets, and it includes the most American workers ever to get a tax cut."


The administration also has advanced a $2,500 annual tax credit for college tuition that Obama said would help more Americans "get the education they need to succeed in a global economy."

http://articles.latimes.com/2009/04/16/news/na-obama-taxes16?s=lat&n=o&rd=topics.latimes.com&sessid=d991a45e48fdd7071c86f61b725cbddecacc3606&uuid=d991a45e48fdd7071c86f61b725cbddecacc3606&pgtp=article&eagi=&cat=finance+%26+insurance&pe_id=6675912&page_type=article&exci=2009%7C04%7C16%7Cnews%7Cna-obama-taxes16&pg=1


Link LA Times Article


PRESIDENT OBAMA IS GOING to Mexico TODAY TO COUNTER ISSUES SUCH AS drug violence and immigration reform.

Mexico needs assistance with combating powerful drug-trafficking organizations,immigration reform and trade issues.

The Obama administration has promised to put more agents along the border, step up southbound inspections, accelerate release of portions of the $1.4 billion in aid allotted under the so-called Merida Initiative and reexamine domestic drug-use policies.

http://www.latimes.com/news/nationworld/world/la-fg-mexico-obama16-2009apr16,0,6875682.story

TAX PROTESTORS

In Ventura, more than 1,000 people gathered to vent wide-ranging concerns, from over-taxation and government spending to condemnation of a recent Homeland Security report tracking a rise in violence among right-wing groups.

http://latimesblogs.latimes.com/lanow/tax-protests/

OBAMA GETS NEW DOG "BO"

http://www.youtube.com/watch?v=-YAVP7JseLQ

President Obama's first White House Easter Egg Roll

http://www.youtube.com/watch?v=FGMtcrooU0s&feature=channel


President Barack Obama is popular in Latin America, unlike George W. Bush, but he faces opposition over U.S. policies on Cuba and assault weapons.

The U.S. wants to cooperate with other nations on easing the economic crisis, curbing global warming and keeping people safe, Obama administration officials said.

http://www.latimes.com/news/nationworld/world/la-fg-obama-trip16-2009apr16,0,243893.story