Obama Urges Congress to Act on Education Tax Credit

President Barack Obama urged Congress to extend an educational tax credit that is set to expire at the end of this year in order to make college more affordable, calling it “an economic imperative.”

“I am calling on Congress to make this tax credit permanent so it’s worth up to $10,000 for four years of college,” Obama said in the White House Rose Garden. “We’ve got to make sure that in good times or bad, our families can invest in their children’s future and in the future of our country.”