Historically only 9% of laid-off workers have opted for Cobra (named for the Consolidated Omnibus Budget Reconciliation Act of 1986).
The infamous Pease limitation was first incorporated into the Omnibus Budget Reconciliation Act of 1990 and it is named after former Congressman Donald Pease.
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Back in 1995, President Clinton vetoed the Balanced Budget Reconciliation Act.
They also included language that allows for the controversial procedure called "budget reconciliation" for health care, a tool that would limit debate on major policy legislation.
The following year the Omnibus Budget Reconciliation Act of 1987 would create requirements that forced most S corporations and professional service corporation on to a December year end.
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Under the Consolidated Omnibus Budget Reconciliation Act of 1995, known as COBRA, you are typically entitled to continue your medical coverage under the company plan for up to 18 months.
Former employees who had health benefits for at least 18 months prior to getting laid off can qualify for their same policies under the 1985 Consolidated Omnibus Budget Reconciliation Act (COBRA).
Budget reconciliation -- the process that implemented last year's budget -- requires the authorizing committees, which make policy, to produce savings from mandatory programs that can then be used to cut taxes.
In the case of this tax bill, it was pushed through Congress as part of the budget reconciliation process, which means it can naturally only address the ten years of the budget window.
The first is whether Congress would be willing to rewrite the tax code as part of the budget reconciliation process, which would foreclose a filibuster in the Senate and allow the chamber of pass a tax code rewrite with just 51 votes.
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One other option, although nobody wants it, is for Congress to attach a health care bill to an omnibus budget reconciliation bill just like they did with COBRA. If that's the only way it could get to the President's desk, would he sign that as well?
Next comes a more difficult task: constructing and passing a so-called budget-reconciliation bill to turn House Budget Committee Chairman John R.
In the 2006 budget-cutting "reconciliation" bill President George W. Bush signed this month, the best known student loan programs for middle-class families--Stafford loans for students and so-called PLUS loans for parents--took a big hit.
In answer to budget concerns of states, the reconciliation bill would increase the federal share of the cost of covering new enrollees.
As a result, Ornstein argued, Democratic leaders may now try to short-circuit the traditional Senate legislative process by passing a more partisan bill through an obscure tactic known as reconciliation, a type of budget maneuver that requires only a simple majority -- 51 votes -- to pass.
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As you say, he can use reconciliation for certain amounts affecting the budget of the federal government.
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Senate Democrats did not include reconciliation in their version of the budget.
The Budget Committee has to take up in the House reconciliation, begin that process.
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