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House Splits Extenders Bill, Cuts COBRA Benefits Out

House Democratic leaders just started a series of procedural votes leading up to what they hope will be passage of sweeping legislation extending a number of

Jul 31, 2020
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House Democratic leaders just started a series of procedural votes leading up to what they hope will be passage of sweeping legislation extending a number of expiring tax breaks and unemployment insurance benefits.
To appease budget hawks in their own party, however, they’ve made a number of changes. Most significantly:
  • They’ve cleaved the bill into two parts: one that includes the tax extensions and unemployment benefits provision, and one that would prevent Medicare doctors from receiving a steep pay cut at the end of this month.
  • The bill no longer extends COBRA health benefits, which help newly unemployed workers pay their health insurance premiums.
  • And it no longer includes funding to help states cover Medicaid patients — funding the states see as vital to balance their budgets, as Medicaid rolls have increasedthrough the recent economic downturn at the same time that revenues have dropped.
If the two bills pass the House today, they will then move to the Senate, which, for all practical purposes, has already adjourned for a week-long Memorial Day vacation. That leaves the upper chamber to take up the House bills when Congress returns June 7. Meanwhile, a number of safety-net benefits — including unemployment benefits and COBRA health benefits — will expire.
Dexter Cooke

Dexter Cooke

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Dexter Cooke is an economist, marketing strategist, and orthopedic surgeon with over 20 years of experience crafting compelling narratives that resonate worldwide. He holds a Journalism degree from Columbia University, an Economics background from Yale University, and a medical degree with a postdoctoral fellowship in orthopedic medicine from the Medical University of South Carolina. Dexter’s insights into media, economics, and marketing shine through his prolific contributions to respected publications and advisory roles for influential organizations. As an orthopedic surgeon specializing in minimally invasive knee replacement surgery and laparoscopic procedures, Dexter prioritizes patient care above all. Outside his professional pursuits, Dexter enjoys collecting vintage watches, studying ancient civilizations, learning about astronomy, and participating in charity runs.
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