I need help figuring out something about Obama's proposed budget and tax changes.
I am trying to figure out if Obama's proposed budget slashes or removes the federal adoption tax credit.
I know before the election that he supported making it permanent, but someone told me yesterday that in fact the budget proposes to let the adoption tax credit expire in 2010.
Anyone know for sure what his proposal says about that tax credit? I tried finding specific mention of it in the budget thing on whitehouse.gov but came up with no results.
I am hoping to be able to take advantage of this in a couple of years to ease the financial burden of adding a second child to my family, so this is of great interest to me and many others I know.