WASHINGTON – The Obama administration is considering steps to ease the burdens of laid-off workers, including possible extensions of unemployment and health benefits, officials said Saturday.
The administration has stopped short of calling for a second economic stimulus package to augment the $787 billion measure approved this year. But with the jobless rate continuing to climb, President Barack Obama said Saturday he is exploring "additional options to promote job creation."
Administration aides said possibilities include:
_extending enhanced unemployment-insurance benefits beyond Dec. 31, when they are set to expire.
_extending a tax credit for laid-off workers who buy health insurance through the COBRA program. That program allows workers to keep their company's health insurance plan for 18 months after they leave their job, if they pay the premiums.
_extending a tax credit for first-time home buyers. This credit also is set to expire soon.
The administration has discussed these possibilities with congressional leaders, officials said, but no decisions have been made.
White House economic adviser Lawrence Summers expressed interest in these ideas in an online interview with the Atlantic magazine. "I don't know what the term 'second stimulus package' exactly means," Summers said. "We certainly need to continue to support people who are in need, whether it's unemployment insurance, or a COBRA program that for the first time provides that people who are laid off get supported in being able to maintain their health insurance."
In his weekly radio and Internet video address Saturday, Obama said his proposed health care overhaul would create jobs by making small business startups more affordable. If aspiring entrepreneurs believe they can stay insured while switching jobs, he said, they will start new businesses and hire workers.
"I hear about it from small business owners who want to grow their companies and hire more people, but they cant, because they can barely afford to insure the employees they have," Obama said. "One small business owner wrote to me that health care costs are and I quote 'stifling my business growth.' He said that the money he wanted to use for research and development, and to expand his operations, has instead been 'thrown into the pocket of healthcare insurance carriers.' "
Dismissive Republicans blamed the continuing job losses on Democratic policies and said the president's health proposals won't help.
The unemployment rate rose to 9.8 percent in September, the highest since June 1983, as employers cut far more jobs than expected. The government reported Friday that the economy lost a net total of 263,000 jobs last month, from a downwardly revised 201,000 in August. All told, 15.1 million people are now out of work, the Labor Department said, and 7.2 million jobs have been eliminated since the recession began in December 2007.
more at link
), but I don't feel guilty-I was forced into this position because of illness and the government destroyed the economy. 
I'm also doing what I can to get out of my situation. 
