Tag Archives: Economic Stimulus Bill

Obama Seeks a Cure for Cancer: Makes Historic Commitment to Health Care Reform

24 Feb

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“The time to take charge of our future is here,” Obama proclaimed this evening in his first address to a joint session of Congress, where he outlined his agenda for rebuilding America. He focused on  three priorities– energy, health care and education. President Obama made a historic commitment to comprehensive health care reform and said that he will seek a cure for cancer.

Here are the health care highlights from today’s address:

Already, we’ve done more to advance the cause of health care reform in the last 30 days than we’ve done in the last decade. When it was days old, this Congress passed a law to provide and protect health insurance for 11 million American children whose parents work full-time.

Our recovery plan will invest in electronic health records and new technology that will reduce errors, bring down costs, ensure privacy, and save lives.

It will launch a new effort to conquer a disease that has touched the life of nearly every American, including me, by seeking a cure for cancer in our time.

And — and it makes the largest investment ever in preventive care, because that’s one of the best ways to keep our people healthy and our costs under control.

This budget builds on these reforms. It includes a historic commitment to comprehensive health care reform, a down payment on the principle that we must have quality, affordable health care for every American.

You can read the full transcript here.

Sources: Politico, CNN

Obama Signs Economic Stimulus Bill Into Law: New Tools to Better Understand What’s Inside

17 Feb

President Barack Obama signed his $787 billion economic stimulus package into law today in Denver. He touted the bill’s investments in health care, infrastructure, energy, education and  job creation.

Here’s a sortable chart to help you understand what’s in the Stimulus Bill. You can also read the full transcript of Obama’s remarks at the signing ceremony or watch CNBC’s TV coverage.

Sources: The New York Times, The Wall Street Journal, CNBC

US Senate Adds $6.5 billion in NIH Funding to Stimulus Bill

4 Feb

Good news on the NIH front . This investment could  help support more research on Alzheimer’s, Parkinson’s, FTD and other diseases:

WASHINGTON -(Dow Jones)- The Senate on Tuesday approved an amendment that would add $6.5 billion in funding for the National Institutes of Health to an economic stimulus bill, raising the total proposed cost of the bill to more than $900 billion.

The amendment, proposed by Sens. Tom Harkin, D-Iowa and Arlen Specter, R-Pa., would bring total funding for the National Institutes of Health in the Senate stimulus bill to $10 billion over two years.

“The National Institutes of Health have been starved recently,” Specter said in a statement. “This increase in funding will enable the National Institutes of Health to continue to produce remarkable achievements in scientific advances.”

Source:  Patrick Yoest, Dow Jones Newswires