Obama To Announce Aid to Middle Class

From the Washington Post.

Here we go again--Stimulus Round #3, or Bailout #3 if you prefer. He's throwing money around to people with kids, parents living with them, students, or retirement savers.

"The proposals to be unveiled by Obama and Vice President Joe Biden at the White House, and which the president will push in his Wednesday night speech, include a doubling of the child care tax credit for families earning under $85,000; an increase in federal funding for child care programs of $1.6 billion; capping student loan payments to 10 percent of income above "a basic living allowance;" expanding tax credits to match retirement savings; and increasing aid for families taking care of elderly relatives. The plan would also require all employers to provide the option of a workplace-based retirement savings plan."

Here he goes back to the drawing board--this is the crap he proposed when he first took office. He's trying to figure out who can be bought, and for how much.