A similar proposal following last year's SOTU address omitted two key groups—family caregivers and those who have their own health issues—and failed to address issues of cost and implementation. (Photo: Shutterstock)

In this year's State of the Union speech, the president again mentioned paid family leave, saying, “I am also proud to be the first president to include in my budget a plan for nationwide paid family leave—so that every new parent has the chance to bond with their newborn child.”

While this is not really news—Trump also touted a family leave policy in last year's SOTU speech—there are still few details available about how it would work, what it would cost, and whom it would include.

According to the Society for Human Resource Management, last year's speech did lay out a few specifics. Among other things, he said that such leave would be guaranteed by amendments to obligatory unemployment insurance. Congress didn't take that proposal very far.

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.