Word: reformative
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...become one of the most enduring controversies from the financial crisis. On Wednesday, a congressional hearing again probed the moves and possible mistakes the government made when it rescued the insurer. At the center of the hearing, which was held by the House Committee on Oversight and Government Reform, were the payments that AIG made to banks that bought credit-default-swap (CDS) bond insurance from the firm. Members of the panel grilled Treasury Secretary Timothy Geithner, head of the Federal Reserve Bank of New York in late 2008, as to why he allowed AIG to pay the banks...
Addressing a handful of spectators who had gathered near Central Square, Decker called repeatedly for reform of jobs statewide and for more affordable housing to be available in Massachusetts...
Though many provisions critical to reform will likely be cut under this process, their displacement should not be too heavily bemoaned. While the scope of the resulting bill will probably be far narrower than reformers had hoped, we believe that Congress should take up these crucial measures in the future, when there is less antagonism between the two parties and more opportunity for compromise. History leaves reason for optimism. The original Social Security bill in 1935 covered far fewer people than it does today, but efforts in subsequent years capitalized upon its passage to include addenda that expanded its welfare...
...peruse the 2,000-page document to formulate an opinion on the bill. This bill will dramatically affect all Americans and therefore must be made accessible and comprehensible to the public. Elected leaders must take it upon themselves to ensure that their constituents are knowledgeable about the significance of reform, in an accurate, unbiased manner...
Looking forward, the Democrats must end the finger-pointing over Coakley’s stunning defeat and focus on adapting to the political realities of the day. To ensure that the reform debate does not wither away with a partisan filibuster, the Democrats must work with the Republicans openly and honestly to improve the welfare of the people. Brown’s election by no means spells the end of the health care debate. If anything, it should herald the new era of compromise and bipartisanship that Americans were promised...