Two Major Reforms on Health Care & Higher Ed
by The White House
The President looks back on a week that saw the passage of two major sets of reforms: one putting Americans in control of their own health care, and one ensuring student loans work for students and families, not as subsidies for bankers and middlemen.
Time for Action on Financial Reform for the Economy
by The White House
As a key committee in the Senate takes up reforming the ways of Wall Street, the President lays down a marker: “I urge those in the Senate who support these reforms to remain strong, to resist the pressure from those who would preserve the status quo, to stand up for their constituents and our country. And I promise to use every tool at my disposal to see these reforms enacted: to ensure that the bill I sign into law reflects not the special interests of Wall Street, but the best interests of the American people.”
Education for a More Competitive America & Better Future
by The White House
The President discusses his blueprint for an updated Elementary and Secondary Education Act to overhaul No Child Left Behind, the latest step from his Administration to encourage change and success in America’s schools at the local level.
What Health Reform Will Deliver – This Year
by The White House
In this week’s address, President Obama describes how American families will have more control over their health care this year, after health reform passes.
The Olympic Spirit, the Spirit of Bipartisanship, and Health Reform
by The White House
The President takes a moment to congratulate our Olympic athletes. Discussing the unity and pride Americans feel in cheering them on, the President relates that sentiment to his own desire for bipartisanship in Washington. He praises the recent bipartisan meeting and talks about moving forward on health reform.
Premiums, Profits, and the Need for Health Reform
by The White House
The President points to outrageous premium hikes from health insurance companies, especially those already making massive profits, as further proof of the need for reform. Looking ahead to the coming bipartisan meeting on reform, the President urges members of Congress to come to the table in good faith to address the issue.
The President, having just signed the “Pay As You Go” law, discusses the importance of this fundamental rule to getting budget deficits in check. Ensuring that new spending and tax cuts are offset was a important factor in creating the budget surplus of the late 1990’s.
Opening Doors for Small Business
by The White House
Reiterating once again his commitment to small business as the engine of our economy, the President urges Congress to move forward immediately on steps to help them expand and create jobs. These proposals include using $30 billion in TARP funds to create a new Small Business Lending Fund to provide capital to community banks to increase lending to small businesses, offering a new tax credit for over one million small businesses that hire new workers or raise wages, and providing targeted support for the most innovative small businesses with the potential to export new goods and products.
The President pledges to rein the deficit, citing three specific steps to this end. He praises the Senate for restoring the pay-as-you-go law, discusses his proposal for a freeze in discretionary spending, and calls for a bipartisan Fiscal Commission to hammer out further concrete deficit reduction proposals.
This Week’s Supreme Court Decision
by The White House
In this week’s address, President Barack Obama addresses the Supreme Court decision to further empower corporations to use their financial clout to directly influence elections and vows that “as long as I’m your President, I’ll never stop fighting to make sure that the most powerful voice in Washington belongs to you.”