Trump proposes ‘substantial’ DOL budget cut

March 17, 2017 0 COMMENTS

The U.S. Department of Labor (DOL) would see a nearly 21 percent reduction in funding under the White House’s proposed 2018 discretionary spending budget, which was released March 16.

“A 21 percent cut is very substantial,” according to H. Juanita Beecher, of counsel with Fortney & Scott in Washington, D.C., and an editor of Federal Employment Law Insider. It’s unclear, however, which DOL subagencies will be affected, she said.

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Obama Includes Another COBRA Subsidy Extension in Budget

February 03, 2010 0 COMMENTS

The Obama administration proposed another extension of COBRA premium subsidy benefits on Monday, according to Business Insurance. President Barack Obama included this latest extension in his proposed federal budget for the fiscal year 2011. The proposed extension would reportedly extend the 65 percent premium subsidy to individuals whose employment is terminated between March 1, 2010, and December 31, 2010, and those individuals would be eligible for the subsidy for up to 12 months.

The American Recovery and Reinvestment Act of 2009 (ARRA), which President Obama signed into law last February, created the original federal COBRA subsidy. Under the ARRA, the federal government paid 65 percent of COBRA premiums for up to nine months for employees who were involuntarily terminated between September 1, 2008, and December 31, 2009.

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