From Capitol Hill to the White House: Healthcare and Jobs
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On his way to Europe to pick up his Nobel Prize, President Obama addressed some controversial issues. Today, he commended Democrats in the Senate for an agreement arrived at last night. It covers one of the most controversial aspects of healthcare reform, the so-called "public option." Yesterday, the President wants to use unspent TARP bailout money to help create jobs. Republicans want it to pay down the deficit. We get details.
Banner image: President Barack Obama speaking on the economy at the Brookings Institution yesterday. Official White House photo: Chuck Kennedy
Making News
Senate Compromises on Healthcare Bill ()
On his way to Europe to pick up his Nobel Prize, the President today commended Democrats in the Senate for an agreement arrived at last night to dispose of one of the most controversial aspects of health care reform, the so-called "public option." We hear what's known so far about the details of the deal, and find out what happened yesterday with regard to Medicare and abortion.
Guests:
- Emily Pierce: Senior Writer, Roll Call
- Jonathan Cohn: Senior Editor, The New Republic, @CitizenCohn
- Emily Friedman: Adjunct Assistant Professor of Bioethics, Boston University
- Carolyn Lochhead: Washington Correspondent, San Francisco Chronicle, @carolynlochhead
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Main Topic
Obama's Plan for Creating Jobs ()
Today, before leaving for Europe to pick up his Nobel Prize, the President met with leaders of both parties to talk about jobs. During the meeting, he acknowledged the "less than full bi-partisan support for the Recovery Act and other steps that have broken the free-fall of our economy." Afterward, he repeated the outline of a plan proposed yesterday in a speech in Washington. Saying that the TARP bailout won't cost as much as predicted, the President wants part of the windfall to help create jobs. With the employment picture improving, what's the rush? Should the unexpected money all go to pay down the deficit?
Guests:
- Krishna Guha: US Economic Editor, Financial Times
- Tom Kochan: Professor of Management, MIT Sloan School of Business
- Bruce Bartlett: former staffer, US Treasury Department
- Daniel Gross: Economic Columnist, Newsweek and Slate, @grossdm
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