Word: extensioneers
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"It's not uncommon that there's no definitive vote on the first attempt," said Robert Winters, local pundit and editor of the Cambridge Civic Journal who also teaches at the Harvard Extension School.
With the job outlook grim, unemployed workers received an unexpected boost this week as President Obama signed legislation authorizing a six-month extension of the COBRA health care subsidy program that was part of the economic stimulus bill passed in February. "That makes me pretty happy," says Don Hall, 56...
Senator Sherrod Brown, the Ohio Democrat who authored the COBRA Subsidy Extension and Enhancement Act with Pennsylvania's Senator Bob Casey, also a Democrat, says the legislation will help the "many middle class families struggling to get by." Workers who were involuntarily terminated from their jobs between September 1, 2008...
In Seattle, Washington, Natasha and Andrew Freidus have two small children, ages two years and four months. Andrew lost his job in the renewable energy field and the couple went on COBRA coverage, which costs $540 with the subsidy compared the full cost of $1,506. Andrew found a job...
Tim Wolffrum, 58, of Milford, Ohio, worked for a Fortune 500 company before he was laid-off in October 2008. With his COBRA subsidy, he is paying $146 a month, which is about one-third of his unemployment benefits after taxes. He suffered a heart attack two years ago and...