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Citizens Support Obama’s Healthcare Plan
President Barack Obama sees both “unprecedented consensus” from outside Congress on his drive to remake the nation’s health care system and obstructionism by some on Capitol Hill.
“The historic movement to bring real, meaningful health insurance reform to the American people gathered momentum this week as we approach the final days of this debate,” Obama said Saturday in his weekly radio and Internet video address.
The consensus “includes everyone from doctors and nurses to hospitals and drug manufacturers” — even Republican governors and former GOP lawmakers, Obama said.
It does not extend to congressional Republicans, however, as nearly all of them oppose the Democrats’ health care proposals.
The president noted that California Gov. Arnold Schwarzenegger, former Senate Majority Leaders Bob Dole and Bill Frist, all Republicans, and former Health and Human Service chiefs Louis Sullivan and Tommy Thompson, who both served in Republican administrations, have all come out in favor of overhauling health care, even though they differ on some specifics.
Dole said in an interview on the Fox News Channel late in the week that he has not endorsed any plan but is recommending that congressional Republicans “stay in the game” so they can have more impact on the final legislation through compromise and amendments.
“These distinguished leaders understand that health insurance reform isn’t a Democratic issue or a Republican issue, but an American issue that demands a solution,” Obama said.
Democrats have made significant strides since Labor Day, when they returned to the Capitol after an August spent absorbing attacks from noisy conservative critics over health care.
A health care bill soon to emerge from the Senate Finance Committee is the only one judged to meet Obama’s conditions for expanding insurance coverage without raising the federal deficit, while also slowing the rise in medical costs.
Yet Obama said he recognized the issue remains divisive among members of Congress.
“There are some in Washington today who seem determined to play the same old partisan politics, working to score political points, even if it means burdening this country with an unsustainable status quo,” Obama said. That “status quo” includes rising health care costs, diminishing coverage and arbitrary decisions by big insurance companies, he said.
Senate Republican leader Mitch McConnell differs with Obama’s views on cooperation.
“I’ve spoken about reform 44 times on the Senate floor on the need for health care reform,” McConnell said. “But higher premiums, higher taxes, and more government? That’s not reform. And this is precisely the problem Americans have identified with advocates of the administration’s health care plans.”
In the the Republican radio address, Sen. George LeMieux of Florida acknowledged deep problems with the health care system, but cautioned “the solution should not be worse than the problem we are trying to solve.”
“We in the Congress have a duty to tackle this problem, but the solution we settle upon should not be rushed,” LeMieux said in the GOP’s weekly address. Democrats maintain Republicans are simply trying to delay action.
“Payment of tuition fees for undergraduate/postgraduate studies shall be subject to a maximum limit of $25,000.00 per semester,” the Manual states.
The expansion of international card limits also reflects growing confidence among lenders that foreign exchange liquidity has improved enough to support retail dollar transactions.
Speaking recently at the BusinessDay 14th Annual CEO Forum in Lagos, CBN Olayemi Cardoso, governor of the CBN said buying and selling activities now increasingly determine outcomes in the foreign exchange market, unlike in the past when market participants relied heavily on routine Central Bank interventions.
According to Cardoso, Nigeria’s net foreign exchange reserves have risen from just over $3 billion at the start of the reform programme to more than $40 billion, while gross reserves have climbed to about $52 billion, providing stronger confidence for investors and enabling the Central Bank to reserve interventions for periods of market stress rather than day-to-day liquidity management.
The restoration and expansion of international naira card spending limits are increasingly being seen as one of the clearest signs that the benefits of the CBN’s foreign exchange reforms are beginning to reach households, students and businesses making legitimate cross-border payments.
The Secretary-General and Chief Executive Officer, WEC, Dr Angela Wilkinson, disclosed this in a statement, last Thursday.
“Nigeria’s participation comes at a pivotal time as the country seeks to expand energy access, strengthen energy security, accelerate gas development and mobilise the capital required for industrialisation and sustainable economic growth.
“WEC Nigeria will convene leaders from across the energy ecosystem, apply the WEC’s globally recognised Energy Trilemma framework to Nigeria’s unique context, and promote evidence-based dialogue, practical collaboration and informed policymaking.
“It will also ensure that Nigerian and broader African perspectives contribute meaningfully to global energy conversations,” she said.
Wilkinson expressed confidence that Nigeria would play a significant leadership role at the World Energy Congress scheduled for Riyadh in April 2027 and beyond.
The statement also quoted the Chairman of WEC Nigeria, Isa, as describing the country’s participation as an opportunity to deepen national and African leadership within the global energy community through practical solutions tailored to regional development priorities.
He said the platform would promote collaboration across sectors and attract sustainable investments into Nigeria’s energy sector.
The Chief Executive Officer of WEC Nigeria, Wunti, was quoted in the statement as saying that the council would connect leadership, evidence and investment to build a secure, affordable and sustainable energy system.
“This system will be capable of driving economic growth and shared prosperity.”
According to him, the platform will also connect Nigerian institutions and businesses with international knowledge, technology, partnerships and investment opportunities through the World Energy Council’s global network.
Recall that WEC, founded in 1923, is the world’s oldest independent and impartial community of energy leaders and practitioners, advancing informed, collaborative and practical action across the global energy system.