President Obama said Monday that he has secured the commitment of several key industry groups to do their part to rein in the growth of health care costs. This pledge from the private sector could reduce the growth in health care spending by 1.5 percentage points a year, for a savings of $2 trillion over 10 years, according to senior administration officials.
Tag Archives: congress
Is the worst of the economic downturn over?
The worst troughs of the global economic downturn could be over, although there remain risks ahead, according to the man who spearheaded perhaps the most complete study yet of the genesis of the current financial crisis. Thomas F.
South Africa’s Roadmap: Zuma’s First Moves
We know a fair amount about South Africa’s new President as a man. Jacob Zuma has six wives and 19 children, and he has been tried for rape and corruption
Another Blow to Ethanol: Biolectricity Is Greener
Once touted as an environmental and economic cure-all, corn ethanol has had a rough year. The collapse in grain and oil prices, preceded by overinvestment in refineries over the past few years, badly hurt ethanol producers.
Web users skeptical about paying for content
Are Web users ready to start paying for content?
The Fire This Time: Is This Health Care’s Moment?
Economic crises come and go, but entitlements are forever. The Great Depression eventually dissipated, but Franklin Roosevelt’s crown jewel — the Social Security system — is still with us. And so it will be with the Obama Administration
Twittering in Obamaland: The Social-Network Administration
The first tweet the White House Twittered was not about the weather. It had nothing to do with how the President was feeling, what he was doing or what he wanted for lunch
Maine legalizes same-sex marriage
Same-sex marriage became legal in Maine on Wednesday as Gov. John Baldacci signed a bill less than an hour after the state legislature approved it
Analysis: Obama faces test on Afghanistan, Pakistan
President Obama’s ambitious strategy for Afghanistan and neighboring Pakistan, dubbed "Afpak" by administration officials, will face its first test Wednesday when he meets with the leaders of both countries — neither of which is seen as able to maintain stability and fight strengthening Islamic insurgencies.
Shipping company head wants to arm vessels against pirates
The head of a shipping company recently victimized by pirates off the Somali coast told lawmakers Tuesday that U.S. cargo crews should be allowed to arm themselves in response to the rising hijacking threat