The recent debt ceiling negotiation wrestling match resulted in the United States losing its AAA credit rating and also resulted in the creation of a new committee. The Joint Select Committee on Deficit Reduction, also known as the Supercommittee or Super Congress, was created by the Budget Control Act of 2011 on August 2.
According to PNHP, this would save more than $400 billion per year, enough to provide comprehensive, high-quality coverage for all Americans.
The public doesn’t know what’s going on because the national media would rather report on the sexual escapades of famous people or social trends or high finance (a recent Pew study of economic reporting shows the vast majority of stories about the Great Recession have focused on Wall Street rather than Main Street).
OpedNews Journalist and Six Protesters Arrested At “Army Experience Center” in Philadelphia. Six members of various anti-war groups were arrested today at a protest organized to shut down The Army Experience Center, located in Franklin Mills Mall. -Linda Milazzo UK Perspective: Where Have You Gone Teddy, Tip, and Ronnie? President Obama presented a strong hybrid [...]
How Pharma and Insurance Intend to Kill the Public Option, and What Obama and the Rest of Us Must Do
I’ve poked around Washington today, talking with friends on the Hill who confirm the worst: Big Pharma and Big Insurance are gaining ground in their campaign to kill the public option in the emerging health care bill. You know why, of course. They don’t want a public option that would compete with private insurers and [...]