Word: reforming
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...composition of the Senate will change the terms of engagement between Republicans and Democrats. While some in the Democratic party wish to see the current bill scrapped entirely until a less volatile period arises, this would be a costly mistake. The failure of healthcare reform to gain traction in Congress in 1994 derailed efforts to tackle the issue nationally until 2008; as the percentage of uninsured Americans continues to increase, the issue continues to become more pressing every single day. In addition, the perceived failure of the Democratic party to enact their agenda, even with a 59-vote majority, will...
...legislative procedure is already confusing enough to the average American; Congressional leaders must not resort to such convoluted and reductive measures to pass bills as important and complex as healthcare reform. Again, the best approach to take looking forward is open discussion of the issues on both sides of the aisle. Only pragmatic accommodation can reconcile the bitter partisanship plaguing this process...
...Goldman Sachs, JPMorgan Chase, Morgan Stanley and Bank of America. The 10-member bipartisan Financial Crisis Inquiry Commission, created by Congress last year, is tasked with reporting on issues ranging from mortgage fraud to regulatory lapses by Dec. 15. Some analysts say the hearings are an important step toward reform; others call them a distraction, saying the causes of the crisis are clear...
...bonanza on Wall Street. One of the Obama administration’s purported goals was to help Main Street. The stimulus package, health care reform, and tax credits were all ways in which it was and is trying to achieve this goal. But when John Smith opens up the newspaper, he reads about “Bonus Day” on Wall Street. There is very little about how President Obama is directly working to inform the public of his plans to salvage a deepening recession and how the financial markets are affecting their daily lives...
...President Barack Obama didn't have his hands full at home with his party's loss of Ted Kennedy's seat in Massachusetts, the collapse of health care reform and a disorganized war against the banks, he now faces a major foreign policy setback. Since the 2008 presidential campaign, Obama has promised to curtail Iran's nuclear program by simultaneously offering talks and threatening sanctions. After a year of trying, both approaches appear on the verge of failure...