Jun 2009: Lanell Flint- How the President's Stimulus Plan Will Affect Employees' Paychecks
Speaker Highlights
June 24, 2009
How the President’s Stimulus Plan
will Affect Employees Paychecks
Presented by
Lanell Flint
Regional Vice President
Ajilon
Background of stimulus package
- 787 bill in new spending and tax cuts
- create 3.5 million jobs nationwide in:
- energy, environment, education, healthcare, highway construction
- 75,000 new jobs in Washington alone
- This would put all unemployed people in the last 7 months back to work
- Increase unemployment benefits and job training by $6 billion
- Put $39 billion into Cobra benefits
- $281 tax credits and incentives
How the President’s Stimulus Plan will Affect Employees Paychecks
- tax credits “Make Work Pay”
- increase earned income
- Benefits Administration – Cobra
- subsidize 65% of cobra for 9 months
Resources
Associated Press
ADP.com
Recovery.com
Recovery.org
Wikipedia – Stimulus Analysis
USBudgetWatch.org
Seattle based Onvia tracks “every dime” of spending by Fed, State and local government agencies
