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Re: COBRA insurance susbsidy

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Posted by Joe on July 21, 2010 at 01:14:03:

In Reply to: COBRA insurance susbsidy posted by Fred on July 19, 2010 at 08:06:22:

Just in:

Senate Moves To Extend Unemployment Benefits Without COBRA Subsidy

The Washington Post: "Senate Minority Leader Mitch McConnell (R-Ky.) said the measure could have been approved weeks ago if Democrats had agreed to cover its cost. ... 'This debate is about whether, in extending these benefits, we should add to the debt or not,' [McConnell said]. That battle, first engaged in late February, has dragged on for months and forced Democrats repeatedly to pare back their plans for helping unemployed workers and stimulating a sluggish economy."

Democrats "abandoned plans to extend subsidies that pay up to 65 percent of COBRA health insurance premiums for unemployed workers. 'It shouldn't take a supermajority to help families afford the bare necessities while unemployment is rising,' said Senate Majority Leader Harry M. Reid" (Montgomery, 7/20).

xxxxxxxxxxxx

So it looks like the COBRA Insurance Subsidy may be dead.

Joe

: I think there is a vote due tommorow on continuing the unemployment benefits extension. The problem is it will cost 30 billion and republicans want to know how it will be paid for besides adding to the national debt. It's exepcted the bill may pass by minimal votes.
:
: The status of the COBRA health insurance subsidy developing...
:
: Fred

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Subject: Re: Re: COBRA insurance susbsidy

Comments:
: Just in: : : Senate Moves To Extend Unemployment Benefits Without COBRA Subsidy : : The Washington Post: "Senate Minority Leader Mitch McConnell (R-Ky.) said the measure could have been approved weeks ago if Democrats had agreed to cover its cost. ... 'This debate is about whether, in extending these benefits, we should add to the debt or not,' [McConnell said]. That battle, first engaged in late February, has dragged on for months and forced Democrats repeatedly to pare back their plans for helping unemployed workers and stimulating a sluggish economy." : : Democrats "abandoned plans to extend subsidies that pay up to 65 percent of COBRA health insurance premiums for unemployed workers. 'It shouldn't take a supermajority to help families afford the bare necessities while unemployment is rising,' said Senate Majority Leader Harry M. Reid" (Montgomery, 7/20). : : xxxxxxxxxxxx : : So it looks like the COBRA Insurance Subsidy may be dead. : : Joe : : : I think there is a vote due tommorow on continuing the unemployment benefits extension. The problem is it will cost 30 billion and republicans want to know how it will be paid for besides adding to the national debt. It's exepcted the bill may pass by minimal votes. : : : : The status of the COBRA health insurance subsidy developing... : : : : Fred :

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