Democrats on the House Ways and Means Committee introduced legislation Tuesday to extend the Earned Income Tax Credit, the Child Tax Credit and the American Opportunity Tax Credit for tuition and related expenses.
The extension of the three credits will also be included in the Democratic alternative to the Republican tax cut proposal to be voted on next week, which was also introduced Tuesday (see House Republicans Introduce Bush Tax Cuts Extension Bill). That Democratic proposal would extend the Bush tax cuts for households with incomes below $250,000.
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