Obama Eyes Economic Triage for Unemployed

Posted on October 3, 2009. Filed under: America | Tags: , , , , , , , , |

Obama Eyes Economic Triage for Unemployed

The Obama administration has begun talks with congressional Democratic leaders on moves to extend health insurance subsidies, the $8,000 first-time home buyer tax credit and jobless benefits, congressional and administration officials told FOX News late Friday.

After another grim jobless report, President Obama is turning his attention to extending a lifeline to the unemployed and making the case that his health care plan would create jobs by making small business startups more affordable. 

The Obama administration has begun talks with congressional Democratic leaders on moves to extend health insurance subsidies, the $8,000 first-time home buyer tax credit and jobless benefits, congressional and administration officials told FOX News late Friday.

Meanwhile, in his weekly radio and Internet video address Saturday, the president linked one of his biggest challenges — joblessness — with passage of far-reaching changes to the nation’s health care system.

The economic moves were recently pulled together by White House economic advisers as an act of economic triage aimed at millions of chronically unemployed Americans. The White House is loathe to call this emerging package a second economic stimulus.

Read More On Fox News.com

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