Word: obamas
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...other end of Pennsylvania Avenue, the President and his team were waiting and working the phones to make sure the final votes were nailed down. There was also the distraction of March Madness to pass the hours. One aide said of Obama: "He's in the West Wing, getting updates, dropping in on staff, and like the rest of America, examining the rubble of his bracket." At one point during the afternoon, the Commander in Chief ordered his health care czar, Nancy-Ann DeParle, to take a break...
...With passage of the legislation, Obama has achieved the signature domestic goal of his presidency, and the most sweeping piece of social legislation since the 1960s Great Society initiatives that saw the passage of Medicare and Medicaid. Universal coverage is a goal that has eluded Presidents going at least as far back as Teddy Roosevelt, and Obama's bill comes as close to that target as anyone has. The bill would provide health coverage to an estimated 32 million additional Americans, meaning 95% of those who are legally in this country would have health insurance, up from 83% today...
After more than a year of bitter political debate and seemingly inescapable congressional deadlock, President Obama sat down in the White House East Room on March 23 and signed the 2010 Patient Protection and Affordable Care Act into law with a stroke of his pen. And then another pen. And another. Obama used 22 pens to sign the landmark $938 billion health care bill. It would seem that either the President has an undiagnosed case of OCD or the White House needs better office supplies. (See pictures of Obama signing the bill...
...does a President even sign his name with so many pens? Does he print it? Does his signature come out looking disconnected and wobbly? What if he runs out of letters? "I've been practicing signing my name slowly," President Obama joked in January 2009 when he signed the Lilly Ledbetter Fair Pay Act - for which he used seven pens. President Kennedy had the process figured out: when he needed more letters, he wasted ink by spelling out his middle name and adding a flourish under his signature. (See Joe Biden's top 10 gaffes...
...past two years better than virtually anyone expected (including, truth be told, Beijing's own leadership), its top export markets are still weak, and that is fostering a powerful drive toward boosting domestic consumption. The country also feels threatened by calls - most prominently made by U.S. President Barack Obama - for the renminbi to better reflect market fundamentals. In the past, U.S. Treasury Secretary Timothy Geithner has outright accused China of manipulating the renminbi and most (though not all) economists believe that China's currency needs to rise versus the dollar. But at a moment when U.S. unemployment is close...