Health reform reduces the deficit in America

Seeks President Barack Obama to unite the Democrats to support the health care plan, which are voted on by the House of Representatives on Sunday, which is estimated to cost nearly a trillion dollars over ten years.

The reform of the health care system on the top domestic priorities for Obama, which seeks the same time to pass a plan to reform the financial system.

In the event pass the plan in its current form, it will include about 35 million Americans of middle-class and poor were not covered by health insurance.

According to the reform of the economy
Obama was expected Friday to pass the House of Representatives of the project by at least 216 votes during the vote is scheduled on Sunday, despite the reluctance of some Democrats as well as the opposition Republicans.

The Republicans argue that this reform will exacerbate the budget deficit which currently stands at almost $ 1.5 trillion, and is expected to reach nine trillion in nearly two decades.

And just days before the vote, a number of Democrats are still opposed or expressed reservations on the text adopted by the Senate earlier time, and waiting for deployment of the final figures for the Congressional Budget Office before determining their position.

Democratic Party has succeeded Friday in persuading five of its members reluctant to vote on the package
Health reforms ever since the sixties of the last century, which it regards as Obama and his supporters are vital to the economy.

It is assumed that the plan helps to reduce the Federal budget deficit by $ 130 billion over the next decade, according to estimates by the Congressional Budget Office.

It is estimated that the plan itself may reduce the U.S. budget deficit by $ 1.2 trillion between 2020 and 2029.

According to estimates by the Congress, too, will the total cost of the latest version of the health care plan 940 billion dollars the same duration.

Obama believes that the proposed plan, which is supposed to transmit to the Senate for the introduction of Corrections them later, will put an end to the unacceptable practices of insurance companies of America.

It is also assumed that the new plan will lead to the application of a new insurance system starting in 2014.

Financial reform
The day before the vote on the health care plan, Obama called for the Senate to pass a bill for financial reform.

The project includes the establishment of an agency or an independent regulator to protect consumers from the risks of banking institutions on Wall Street financial crisis that triggered the fall of 2008.

The president described in his weekly radio and the Internet draft financial reform as essential.

"We urge Senators who support these reforms must have the toughness, and resist the pressure, clinging to the status quo, and to stand on the side of the voter and the country."

Obama defended his bill in this regard made by Democratic Senator Christopher Dodd, is scheduled to be discussed by the Commission on Monday to the Senate banking activities.

And impose reforms before the tight control on the sale of financial derivatives, one of the most complex financial transactions, and involve high risks are considered among the main causes of the financial crisis.abuiyad