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Obama signs extension of jobless benefits
President Obama signed an extension of jobless benefits for the long-term unemployed Thursday night. About 212,000 people lost benefits when Congress failed to act before the expiration date, but the measure Obama signed extends the aid retroactively. The bill also extends COBRA health insurance subsidies and federal flood insurance and restores Medicare payments to doctors, who were about to absorb a 21% reduction in payments. The Senate passed the $18-billion measure, 59 to 38, with the support of 54 Democrats, three Republicans and two independents. Every other Republican opposed it; the other three Democrats were absent. Hours later, the House passed the bill, 289 to 112. The measure extends jobless aid through June 2. Democrats are working on separate legislation to extend benefits through the end of the year.
Los Angeles Times
Los Angeles Times