Saudi Arabia affirms its commitment for a ban on chemical weapons    Saudi Arabia and Morocco emphasize keenness on strengthening cooperation across various realms    EU leaders meet to discuss Ukraine's future as Trump pushes for fast peace deal    Saudi taekwondo champion Dunia Abu Talib tops world rankings, making history    Gaza food prices soar after Israel halts aid deliveries    Boom to gloom: India middle-class jitters amid trillion-dollar market rout    Real-life shipwreck story wins major book award    Bangladesh leader likens Sheikh Hasina regime to 'terrible tornado'    Seven injured after South Korean fighter jet accidentally drops bombs    Islamic Arts Biennale celebrates Ramadan with 'Biennale Nights' in Jeddah    Tawakkalna offers a package of religious services during Ramadan    Ministry ranks Saudi auto dealers — Abdul Latif Jameel has longest waitlist, Al-Naghi records longest delivery time    Haram Authority launches smart luggage storage service New service is available around the clock during Ramadan    New boxing promotion led by Turki Al-Sheikh, TKO, and Sela set to transform the sport    Okaz and Saudi Gazette Esports    Saudi Arabia attracted 2.5 million sports tourists in four years, says ministry    PIF and Italy's SACE sign MoU to boost financial collaboration with up to $3 billion in project support    Nora Razian and Sabih Ahmed appointed artistic directors for 2026 Diriyah Contemporary Art Biennale    Al Hilal stumble in Tashkent as Pakhtakor claim first-leg advantage in AFC Champions League Round of 16    HONOR unveils New Corporate Strategy to Transition to an AI Device Ecosystem Company Illuminating a three-step roadmap underpinned by openness and collaboration    King Salman prays for peace and stability for Palestinians in Ramadan message King reaffirms Saudi Arabia's commitment to serving the Two Holy Mosques and pilgrims    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Obama Budget to Account for U.S. Health Care Reform
Published in Saudi Press Agency on 30 - 04 - 2009

The $3.4 trillion 2010 budget proposed by U.S. President Barack Obama, which the U.S. House of Representatives passed on Wednesday, will focus on reforming the U.S. Health Care system.
The passage of the budget, which came as a victory for the Obama administration, was approved by only Democrats in the House—no Republican lawmakers voted in favor of the measure. The Senate will vote on the measure Wednesday afternoon.
The budget's approval does serve to be a step forward in Obama's goal of providing health care coverage for all Americans. The approved budget plan would give Democrats the capability to advance Obama's health care initiative in the coming months by allowing it to go forward without Republicans threatening its progression in the Senate.
“The budget also allows us ... an up-or-down vote on reforming health care — not as an option of first resort, but as a fallback if partisanship blocks progress,” said House Majority Leader Steny Hoyer, (Democrat from Maryland).
Though the budget accounts for health care reform, it avoids outlining how Obama's health care plan would be paid for. The plan is expected to cost more than $1 trillion over the next 10 years. It allows Obama's signature $400 tax credit for most workers to expire in 20 months — but devotes $512 billion over five years to extend tax cuts passed during former President George W. Bush's first term for middle-class workers, investors and families with children.
But, there are widespread concerns that with the economy already in a steep recession, deficits would rocket to $1.7 trillion for the ongoing budget year, dipping to $1.2 trillion in 2010. The national debt would rise from today's $11.2 trillion level to $17 trillion at the end of 2014.


Clic here to read the story from its source.