House OKs ABLE Act to widen federal help for disabled
The House approved the ABLE Act by 404 to 17, allowing Americans with disabilities to open tax free accounts to cover education housing and health care costs. If enacted the bill would aid up to 54 million people and their families, advancing what sponsors call a commonsense expansion of support. It now heads to the Senate for swift passage.
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Congress rushes to extend expired tax breaks for many
The House quickly passed a measure to extend over 50 tax breaks for banks investment firms commuters NASCAR track owners and others delaying the 2014 tax filing season. The package would add about 42 billion to the deficit over ten years and covers filmmakers racehorse owners rum producers in Puerto Rico and the Virgin Islands. Rep. Dave Camp said action was needed to avoid IRS filing delays.
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Obama unveils Generation Indigenous plan for American Indians
President Obama announced Generation Indigenous to aid American Indian youth facing high poverty rates. The program aims to improve college readiness, career pathways, and leadership through Education and the Aspen Institute, with visits to reservations planned next year and funding to come from existing budgets and nonprofit partners.
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