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 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
