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A White House proposal to trim tax benefits of popular college-savings accounts is stirring opposition in Congress, and complicating negotiations over efforts to streamline education tax breaks. The proposal, part of a tax plan released by President Barack Obama over the weekend, would scale back a significant break that Republicans generally want to preserve—taxpayers’ ability to use money earned in 529 college-savings plans on a tax-free basis.


http://www.wsj.com/articles/obama-proposal-to-cut-529-plan-tax-benefits-meets-opposition-1421811117 The Wall Street Journal