Barack Obama

“ Twelve million families will benefit from a $1,000 child tax credit and an expanded Earned Income Tax Credit. Eight million students and families will continue to benefit from a $2,500 tuition tax credit to make college more affordable. And millions of entrepreneurs in big cities and small towns across the country will benefit not only from the business expensing plan I mentioned, but from additional tax cuts that will spur research and development. ”

“ So, our fundamental mission must be to accelerate hiring and growth, while we do the things we know are necessary to insure America's leadership in an increasingly competitive world and build an economy that will provide opportunity to any American willing to work for it. ”

“ It will save you money today and help you grow your business tomorrow. This incentive is part of the economic package I signed into law last month – a package that also includes a payroll tax cut that will mean $1,000 more this year for a typical family. In fact, 155 million workers will see larger paychecks this month as a result of this tax cut. ”