President Obama is set to unveil the final details Wednesday of yet another of his many economic stimulus programs. The latest wrinkle in the new Obama plan is expected to feature tax credits for corporations investing in research and development. He previously announced a provision in the plan that would allow companies to fully deduct qualified investments made before the end of 2011. Obama also previously announced the plan’s centerpiece — borrowing another $50 billion to spend on public works.
Real journalism.Trusted by millions.
Unlimited access to in-depth reporting, expert analysis, and the stories that shape our country.
Subscribe Now
Already a member? Log in
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.