Obama supports Olympic medal tax reprieve
WASHINGTON (MCT) — President Obama supports an effort in Congress to waive taxes on honoraria earned by U.S. athletes who earn Olympic medals in London, the White House said Monday.
“The president believes that we should support efforts ... to ensure that we are doing everything we can to honor and support our Olympic athletes who have volunteered to represent our nation at the Olympic Games,” spokesman Jay Carney told reporters.
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