Senate Approves Bill Extending Unemployment Benefits and Subsidized COBRA
As expected the Senate approved a $626 billion bill to fund the Defense Department for the fiscal year that began almost three months ago. The bill was approved via an 88—10 vote. The bill next stop is the White House where President Barack Obama is expected to quickly sign the bill into law.
The bill includes $128 billion for wars in Iraq and Afghanistan, $13.3 billion to extend unemployment and COBRA benefits for the long-term unemployed whose benefits would otherwise expire.
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