White House Touts Tax Deal’s Black Benefits
(Afro) — Having won the endorsement of the man dubbed America’s “First Black President,” Bill Clinton, the Obama administration on Dec. 10 peddled the tax deal made with Republicans as a boon for the African- American community. “We feel we really were winners in this deal because we got a lot of priorities through that not only helps economic recovery but helps families that really need that assistance in this pivotal time,” White House spokeswoman Jen Psaki said during a conference call with the Black press. Cecilia Rouse, a member of President’s Council of Economic Advisers, reaffirmed that the president had not been happy about acceding to Republican demands for an increased estate tax cut and a two-year extension of President Bush’s high-income tax credit, which together costs $114 billion in revenue.
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