Tactics Congress could use to boost the economy

1. The extension of credit lines for home buyers

Congress recently passed a bill $ 8000 for the first time homebuyers credit expires, 30 November. The program was successful by dozens of economists and there were dozens of industries strongly lobbied for it to be extended. The new law also raises the income limits exceeded, creating a new credit line below first non-time buyers.

2. $ 250 check for recipients of Social Security

President Obama has called on Congress to send another batch of $ 250 checks to recipients of benefits under the social security. This year, the checks were for recipients of Social and taxpayers in the Veterans Administration, Railroad retirement and benefit programs, Supplemental Security Income under enrolled sent $ 787 billion economic stimulus package in February. As it announced last week that there would be no increase in the amount of money that people on Social Security received this year, predicting that many other one-time payment to be made.

3. Extending unemployment benefits

With companies making cuts, it becomes increasingly difficult for the Americans for a new job, as such, the average time to find someone that is looking for a new employer, now longer than the duration of unemployment benefits they receive. It is therefore likely that the Congress the time, people will be able to extend their winning advantage. Some proposals in the House of Representatives to week 13 additional benefits in states with an unemployment rate of 8.5% or more in advance, while the Senate is considering proposals to expand services in all states.

4. Health Insurance for Unemployed Workers

Earlier this year Congress passed a law adopted by the sacked for a grant of 65% of the COBRA health insurance premiums for workers between September 2008 and the end of this year made available. For those of you who do not know yet May COBRA is a program to allow taxpayers to keep their health insurance benefits after the release. As the subsidy, the enrollment in Cobra doubled, and expects Congress to expand this program next year.

5. Incentives for companies that new employees adjust

The original recovery plan was a tax credit for employers to hire new workers, was adopted but was removed before the law. They are members of Congress, an examination of various proposals to create incentives for companies hiring new employees. There is a proposal to the Senate a credit of $ 4,000 enterprises that are their payroll tax actually increases. However, there are many opinions on these types of incentives, and I'm not sure if any ever become law.

6. Reimbursements for losses

A few weeks ago we announced that Speaker of the House, Nancy Pelosi to allow a proposal by a Republican congressman for the companies that lose money to use their losses to get the refund of taxes paid in the past five years. Currently, most companies can only achieve with current losses of refunds from the previous year. A similar proposal was included in the draft of a reorganization plan in February, but was abandoned when it turned out, it would cost nearly 20 billion U.S. dollars.