Thursday, February 10, 2011

GOP Attempts To Cut Funding To Obamacare

Barack Obama

Obamacare is scheduled to face another challenge next week, as Republicans in the U.S. House of Representatives, seek to cut funding to President Barack Obama’s Patient Protection And Affordable Health Care Act. The bill was passed in 2010, under much controversy and scrutiny.

President Obama used a Democrat majority in Congress, to ram the bill through, which has added a trillion dollars to the national deficit. U.S. Federal Reserve Chief, Ben Bernake, sternly warned this week, against the country's high national deficit. Republicans hope to cut the money supply next week in another vote. This is one of many measures the GOP is undertaking, in attempts to counteract the costly bill.

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STORY SOURCE

US House to vote next week to block health funds - Cantor