The $12.3 billion provision, using money from the Troubled Asset Relief Program, is part of the Jobs for Main Street Act, which would also extend unemployment benefits by six months, for a total cost of $75 billion in TARP funds.
House Speaker Nancy Pelosi (D-San Francisco) expressed hope that the Senate would approve the bill in time for President Obama to cite its passage into law at his State of the Union address in January.
Read Employment Law Update’s report on COBRA health insurance.
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 18–20 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
