News tagged with 'Obama'

President Obama went out on a limb when he promised people would be able to keep their current health plans, now comes the hard work of hammering out the details.

Will health care reforms result in cheaper drugs for American consumers? A bipartisan group wants to allow prescription medications from Canada, Europe, and elsewhere that could represent billions in savings. But the FDA is pushing back.

Senators barely squeaked by a vote to begin debate on its version of health care reform, but the public option remains a huge sticking point. The debate should begin after the Thanksgiving holiday.

The creation of a Consumer Financial Protection Agency came one step closer to reality today with a House committee vote. The agency would regulate credit cards and home loans and tighten up the deregulation atmosphere that precluded the collapse of financial markets.

Insuring millions of Americans without health care is one step closer to a reality with a committee vote Tuesday of Sen. Baucus plan. Expect to see a barrage of special interest ads opposing it.

With a Senate Finance Committee vote looming on the Sen. Bacus reform plan, the insurance industry has quit the pretense of working cooperatively, and has issues an ominous report that costs will rise for all Americans.

The Distracted Driving Summit has resulted in President Obama signing an executive order that bans 4.5 million federal employees and the military from texting and driving. Truckers are not included at this time.

Sen. Max Baucus had no Republican support for his health reform bill and the White House is lukewarm. The plan does not go far enough for some Democrats, while big insurance says it goes too far in taxing them, even though it does not contain a public option.

Some of the solutions to medical malpractice lawsuit reform, suggested by the president Wednesday night, have been tried and failed.

Upward of seven million illegal immigrants would not be able to access a reformed U.S. health care, say policy experts, any more than they already do.

The insurance industry did not appear to be hurt on Wall Street this morning following the president's speech to Congress about health care reform which included a major concession to corporations concerning tort reform.

VP Joe Biden says some form of health care reform should be out before Thanksgiving. Meanwhile Rep. Joe Wilson is being called on the carpet for his outburst heard on national television. His Web site has been shut down and his opponent in 2010 is reaping the rewards.

President Obama is walking a tight rope with his approval ratings dropping, Republicans and Progressives are both expressing disapproval (for different reasons) in advance of his talk to the nation tonight.

While Americans debate health care, Americans are not as healthy as Britons, even those with insurance. Reforms may only deliver a 10 to 25 percent change in overall health.

The public option, considered a key to health care reform, that would force insurance giants to become more competitive, appears to be in critical condition as the administration now appears to be backing insurance co-operatives as an alternative.