So, remember how Obama dropped his idea to tax 529 college savings plans? Yeah, well, about that …

Here’s what deputy White House press secretary Eric Schultz said at today’s press briefing:

Wait, what?

You’d be hard-pressed to find a lamer excuse than that. Holy moly.

So, if it’s still in the budget, does that mean 529s will be taxed after all?

Such a clown show.

Editor’s note: This post has been updated with additional tweets.



‘Shelf life of about a week’: President drops plan to cut tax benefits of 529 college savings plans

Here’s the reason the MSM scrutinized Obama’s plan to raise taxes on 529 accounts

How bad was Obama’s scrapped 529 plan? THIS bad