Tuesday, February 23, 2010

Obama takes biggest domestic gamble to force though health reforms - Times Online

Obama takes biggest domestic gamble to force though health reforms - Times Online: "For more than a year President Obama hoped that he could pull off the coup of comprehensive health reform by leaving the details to Congress. Yesterday he admitted that strategy had failed by unveiling a new one: a ten-page, $950 billion (£614 billion) “President’s Plan” that could make or break his credentials as a progressive leader in the mould of Presidents Roosevelt and Johnson.

The plan amounts to a last-ditch push for healthcare reform, which conservatives all but torpedoed last year and which Republicans condemned again yesterday as a recipe for a “massive government takeover” of an industry that accounts for more than 17 per cent of the US economy.

Mr Obama claimed that his proposals would help 31 million poorer Americans to afford private insurance, outlaw such practices as denying cover to those with pre-existing conditions, and save US taxpayers $100 billion over the next ten years."

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