(From Politico.com):

By Rachael Bade and Allie Grasgreen

. . .  Pelosi insisted that Obama drop the plan, scuttling what had been quickly labeled a disastrous policy that would hurt the middle class.

“Given it has become such a distraction, we’re not going to ask Congress to pass the 529 provision so that they can instead focus on delivering a larger package of education tax relief that has bipartisan support,” the White House said.  CONTINUE READING HERE