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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth
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From: Kevin Rose3/25/2010 11:45:05 PM
1 Recommendation  Read Replies (3) of 173976
 
The obstructionist Republicans are defeated again. Also, bill adds more good news with student loan reforms.

Congress completes overhaul of health care


By DAVID ESPO, AP Special Correspondent David Espo, Ap Special Correspondent – 3 mins ago

WASHINGTON – Capping an epic struggle, congressional Democrats put the final touches Thursday to historic legislation enshrining health care as the right of every citizen. Republicans vowed to campaign for repeal in the fall election season, drawing a quick retort from President Barack Obama: "I welcome that fight."

The president spoke in Iowa as the Senate voted 56-43 for legislation making changes, including better benefits for seniors and low-income and middle-class families, to the bill he signed into law with a flourish at the White House on Tuesday.

The House added its approval a few hours later, 220-207, clearing the way for Obama's signature on the second of two bills that marked the culmination of what the president called "a year of debate and a century of trying" to ensure coverage for nearly all in a nation where millions lack it. Obama is expected to sign the legislation early next week.

Taken together, the two bills also aim to crack down on insurance industry abuses and to reduce federal deficits by an estimated $143 billion over a decade. Most Americans would be required to buy insurance for the first time, and face penalties if they refused.

The second of the two bills also presented Obama with another victory, stripping banks and other private lenders of their ability to originate student loans in favor of a system of direct government lending.

news.yahoo.com
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