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Eugene

(61,843 posts)
Fri Feb 5, 2016, 04:32 PM Feb 2016

Obama to propose $2.5 billion tax credit for community college investment

Source: Reuters

World | Fri Feb 5, 2016 2:56pm EST

Exclusive: Obama to propose $2.5 billion tax credit for community college investment

WASHINGTON

President Barack Obama will propose a $2.5 billion tax credit over five years for businesses that invest in programs at local community colleges and hire their graduates, administration officials said on Friday.

The proposal, dubbed the Community College Partnership Tax Credit, would require businesses to donate funds for equipment, instruction, or internships related to programs in areas such as healthcare, energy and information technology.

(Reporting by Jeff Mason; Editing by Kevin Drawbaugh)


http://www.reuters.com/article/us-obama-colleges-idUSKCN0VE2DJ
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Obama to propose $2.5 billion tax credit for community college investment (Original Post) Eugene Feb 2016 OP
Not quite sure about this KamaAina Feb 2016 #1
 

KamaAina

(78,249 posts)
1. Not quite sure about this
Fri Feb 5, 2016, 05:36 PM
Feb 2016

Businesses may well read that headline as "Obama gives us the OK to buy up community colleges".

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