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Obama news conference - health care reform imperative
2009-06-11 17:51:04 (GMT) (Caymanmama.com - Health News News)
Atlanta, Georgia (CaymanMama.com) — During a news conference held Thursday, President Barack Obama focused on the imperative need for speedy health care reform, saying the change will cost “a good deal of money at a time where we don’t have extra to spend.”
Speaking to a town-hall audience gathered at a Wisconsin high school, Obama aimed to concentrate on this new and much needed effort which he plans to push this year. During his opening remarks, the president said he will not let the nation’s health care reform add to the steep national deficit.
To meet this goal, Obama said he will identify approximately $300 billion in budget savings “in the days to come” adding to an already identified $300 billion.
As per the AP, “However, Obama also said that that won’t be enough. He proposes the extra money come in part from reducing charitable deductions for the wealthiest Americans — an idea that has little backing on Capitol Hill.”
“I know there are some who believe that reform is too expensive, but I can assure you that doing nothing will cost us far more in the coming years,” Obama said. “Our deficits will be higher. Our premiums will go up. Our wages will be lower, our jobs will be fewer, and our businesses will suffer.”
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