At the outset of the recession that began over two years ago, an unfortunate by-product of joblessness — loss of insurance coverage and subsequent inability for many to afford sky-high COBRA benefits — was becoming an all-too common phenomenon.

Enter President Obama’s ability to subsidize those payments for millions as part of his economic stimulus package. That was the good news. The bad? Those first with receiving aid in February 2008 are now faced with the prospect of having those subsidies end. Well, not so fast. House lawmakers voted to extend the benefits as part of the defense spending measure (H.R. 3326) on December 16, 2009. The Senate then cleared the measure for the President’s signature. | LINK

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