Description: COBRA, Home Buyer Tax credit and Unemployment benefits extended. A tax credit is being offered to struggling business for 2009. An education tax credit has been expanded.
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As part of the Defense Appropriations bill signed into law on December 19, Recovery Act funds will continue to subsidize 65 percent of COBRA health insurance premiums for certain unemployed individuals. The subsidy program, which originally covered the period between February 17 and November 30, 2009, now runs through February 2010 for people who lost their jobs through no fault of their own between September 1, 2008, and February 28, 2010.