Just 28 Republicans voted for the last debt-limit hike in February 2014, when nearly all Democrats helped it pass in a tight 221-201 vote. Nine of those 28 Republicans are no longer in Congress, raising the question of whether a similar measure could pass this time.
Identification. COBRA stands for Consolidated Omnibus Budget Reconciliation Act. It was passed by Congress in 1985 as a means for individuals to continue health insurance coverage for a period of time after losing group coverage due to termination of employment.
COBRA is a federal law that allows employees and their covered dependents to elect continuation of coverage under a group health plan when the employee and/or the dependent would otherwise lose coverage because of some event, such as a lay-off of the employee, or a child reaching a certain age.OBRA is a federal law that allows employees and their covered dependents to elect continuation of coverage under a group health plan when the employee and/or the dependent would otherwise lose coverage because of some event, such as a lay-off of the employee, or a child reaching a certain age.