The increased child tax and earned income credits and the expanded education credits have been extended for five years.

FORBES: Problems With The Pending Fiscal Cliff Deal

Specifically, the President would make permanent the expanded American Opportunity and Earned Income credits and extend through 2016 the current exclusion from taxable income for cancellation of indebtedness recognized on a primary residence.

FORBES: Tax Aspects Of The President's FY 2014 Budget

Obama-Era Tax Cuts: on January 1, 2013, several provisions that benefit the lower classes most notably the increased child tax and earned income credits and the expanded education credits are slated to expire.

FORBES: Fiscal Cliff Debate Continues, But The Tax Decisions Appear To Have Been Settled