FACTBOX: Obama expected to offer stimulus package

(Reuters) - President-elect Barack Obama, hoping to boost a struggling economy, has proposed a stimulus package that some experts estimate could cost as much as $190 billion.

At the same time, the United States is facing record budget deficits of at least $500 billion. Some analysts say the deficit could go as high as $1 trillion next year.

Obama has said he would:

--Enact a windfall profits tax on oil companies to give taxpayers an energy rebate.

--Give businesses a $3,000 refundable tax credit for each new full-time employee hired in the United States over the next two years.

--Allow small business to immediately write off up to $250,000 in spending for new equipment and property through the end of 2009. The stimulus package enacted earlier this year provided for the $250,000 investment expensing limit only through the end of this year.

--Eliminate capital gains taxes on investments in small businesses.

--Make $25 billion immediately available for the construction and repair of roads, bridges, schools and other infrastructure.