POLITICS

Obama Will Drop Proposal To End College Savings Accounts: Report

US President Barack Obama speaks on US - India relations during a townhall event at Siri Fort Auditorium in New Delhi on Janu
US President Barack Obama speaks on US - India relations during a townhall event at Siri Fort Auditorium in New Delhi on January 27, 2015. President Barack Obama said the United States could be India's 'best partner' January 27 as he wrapped up a three-day visit to New Delhi by highlighting the shared values of the world's biggest democracies. AFP PHOTO / SAUL LOEB (Photo credit should read SAUL LOEB/AFP/Getty Images)

WASHINGTON — President Obama, facing angry reprisals from parents and from lawmakers of both parties, will drop his proposal to end popular college savings accounts known as 529s, but will keep an expanded tuition tax credit at the center of his college access plan, the White House said Tuesday.

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