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Obama touts healthcare reform benefit to business
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1 of 7. President Barack Obama waves to supporters after speaking about health insurance reform during a visit to Portland, Maine April 1, 2010.
Credit: Reuters/Kevin Lamarque
PORTLAND, Maine |
PORTLAND, Maine (Reuters) - President Barack Obama on Thursday touted the immediate benefits small businesses will receive from his healthcare reforms, in his second speech this week promoting the sweeping plan to a skeptical public.
Opinion polls show many voters are unhappy with the healthcare overhaul amid high unemployment and a still-sluggish economy, and could punish Obama's Democratic Party in mid-term congressional elections in November.
In his speech, Obama reiterated his message that the plan is part of his program to boost the economy and employment.
"I want you to know we are working every single day to spur job creation and to turn this economy around," Obama told a crowd of some 2,500 people in Maine.
"That's why we worked so hard over the last year to lift one of the biggest burdens facing middle-class families and small business owners, and that is the crushing cost of healthcare right here in America," he said to applause.
The 35 percent tax credit for small businesses, available from the start of 2010, is part of a $940 billion package of changes to the $2.5 trillion healthcare industry that represents the largest U.S. social policy shake-up in decades.
The White House said the credit, which rises to 50 percent of healthcare premiums in 2014 to help offset higher costs, would save small businesses $40 billion by 2019, according to estimates by the non-partisan Congressional Budget Office.
Obama urged Americans to see what benefits they experience from the new law before they judge it.
"It's been a week, folks," he said. "So before we find out if people like health care reform, we should wait to see what happens when we actually put it into place."
Democrats, who control both the House of Representatives and the U.S. Senate, passed the healthcare legislation without a single Republican vote.
MID-TERM ELECTIONS
Republicans hope they can turn the issue into a vote-winner. Polls show a majority of the country fear the reform will cost too much and invite unwelcome government intrusion into their lives.
"The timing couldn't be worse for a bill that will make it even harder to create private-sector jobs, and harder for small businesses to comply with ... a thicket of new rules," said Senate Republican leader Mitch McConnell.
Obama aimed squarely at insurance companies and rival Republicans in praising the healthcare bill's passage as a victory over special interests and misinformation.
"There's been a lot of misinformation spread about health reform. There's been a lot of fear-mongering, a lot of overheated rhetoric," he said.
"You turned on the news, you'd see that those same folks who were hollering about it before it passed, they're still hollering about how the world will end because we passed this bill."
Obama, who noted that ideas from Maine's Republican Senator Olympia Snowe had been included in the law, repeated his challenge to Republicans to "go for it" if they wanted to make repealing it a strategy to win votes in November.
"If they want to have a fight, I welcome that fight, because I don't believe the American people are going to put the insurance industry back in the driver's seat," he said.
A Gallup poll released on Thursday showed registered voters prefer the Republican to the Democratic candidate in their districts by 47 percent to 44 percent in the mid-term congressional elections. It was the first time Republicans have led in 2010 election preferences since Gallup began such weekly tracking last month.
The poll results came after the House passed the healthcare legislation on March 21. Obama later signed it into law.
"The shift toward Republicans raises the possibility that the healthcare bill had a slightly negative impact on the Democrats' political fortunes in the short run," Gallup said in a statement.
Some big U.S. businesses have also started to tally up the financial hit they say they will take because of the healthcare law. Corporate America says the law raises their taxes, but the White House says it merely closes a loophole.
(Additional reporting by Patricia Zengerle; editing by David Alexander and Chris Wilson)
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However……
The more speeches he gives and the more articles that are written with his quotes shows that he’s actually working to make that division deeper.
Sure – we ALL can agree that BOTH the dems and the repubs hate each other…but Obama was supposed to rise about THEM and be someone different. He’s proved he’s just the same.
Imagine if he actually kept his campaign promise and was the “Leader” who healed the rift instead of cleaved it deeper.
I ask, what has HE done to heal things? What has HE done to make the PROCESS of government – which is fk’d up a hell of a lot more than health care was – better. Seems to me THAT has to be done BEFORE jobs, health, banking, housing, stock market, world peace etc can be really fixed.
But like Joe Biden I’ve gotta say, “What am I talking about?”
It’s been said that government is a necessary evil and a series of bad compromises. It consistently proves itself to be that at best, or perhaps at worst.
The republicans deserve some of your anger for acting so childish. When government degrades to a series of tactics like a game of Risk, it serves no one.
Most all politicians are corrupt, it’s the nature of the beast. Man is self-interest, self-preservation at heart. And “It’s money that matters, in the U.S.A.” Many of the founders knew the danger of banking institutions, corporations, that they should exist to serve the people. Now they are people, with invisible votes, and deep deep pockets. And in an age of double-speak, it’s apparently easy to convince people to vote against their interests… Fear is an amazingly powerful motivator.
Anyway, let’s be clear. Obama promised a dream, an ideal, but a lot of people fear change, fear new ideas, fear the possibility of failure. Most of those people in Congress are Republicans I guess. When they want to add change that only benefits the very companies that the admin is trying to reel in with this act, it’s kind of a joke. Most Americans I’d venture to say are sick and tired of being abused by corporate greed, to which insurance companies are definitely not immune. Universal healthcare is the only true way we can honor each other’s lives by agreeing that we take care of each other. Our society’s health is MORE important than the tools in congress getting along, and yes should be handled BEFORE most other things.
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