Current Democrats | July 22, 2009 | 0 comments

Obama acknowledges unease over gov't spending

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WakeUpPeople
President Barack Obama is acknowledging that Americans are "understandably queasy" about the rising federal deficit and the government spending trillions of dollars. Yet he says revamping health care is crucial to helping the economy.

At a prime-time news conference Wednesday, Obama said he understands the public's concerns after the bank bailout, recovery package and various supplemental spending bills that have cost trillions. He said those were steps he had to take to deal with a deficit and economic crisis that he inherited.

He said eliminating waste in the system and other budgeting changes aren't enough. To save money -- and reduce the deficit -- the government needs to change health care.

He said overhaul is not going to add to the deficit but rather will be designed to lower it.
  1. groups:
    Current Democrats,   Health Care Reform
  2. tags:
    Barack Obama US Politics Health Care Reform Government Spending
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