On March 2, President Obama signed into law “Temporary Extension Act of 2010,” (H.R. 4961) staving off the expiration of federal COBRA subsidies for 30 days while also delaying a 21% cut in Medicare provider payments. After the House had approved this bill last week, Senator Jim Bunning (R-KY), voicing his objections to how the bill would be financed, initiated and wouldn't back down from a filibuster until late Tuesday night.
Aimed at extending COBRA and unemployment insurance even further, the Senate is set to begin debate on a $150 billion bill introduced by Sen. Max Baucus (D-MT). The bill would extend these benefits through December 31, 2010.
For more on these development, click here to access the Kaiser Health News story.
No comments:
Post a Comment