NEW YORK (Reuters) – President-elect Barack Obama and Congressional Democrats are considering a major expansion of government-assisted health care insurance and unemployment benefitsas part of a two-year economic recovery program, The New York Timesreported in its Sunday editions.
Proposals included extending unemployment compensation to part-time workers, subsidizing employers who must continue health insurance benefits temporarily for laid-off and retired employees and allowing workers who lose jobs that did not include insurance to apply for Medicaid, the Times said.
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Obama is also likely to propose a tax credit of $500 for eligible individuals and $1,000 for couples, the newspaper said. Those earning too little to pay federal income tax would receive a check meant to offsetSocial Security retirement and Medicare payroll taxes.
Read full article: http://news.yahoo.com/s/nm/20090105/pl_nm/us_obama_jobs;_ylt=AknyEFTyjOQXkjEZJbZqvB_v5rEF
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