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Obama reiterated his support for changing a small business tax reporting provision that both parties agree is onerous, and he said he'd also consider ideas dealing with medical malpractice reform. However, the president has never endorsed the caps on lawsuit payouts that would generate the biggest savings in the medical malpractice area, and are favored by Republicans. "I believe that anything can be improved," he said. As the president spoke, the Health and Human Services Department issued a report saying that a combination of new competitive insurance markets and government subsidies could bring costs down significantly for people who purchase their coverage individually once the law fully takes effect in 2014. Senate Republican Leader Mitch McConnell, R-Ky., dismissed the findings. "More promises of lower premiums for some people at some point in the future is little comfort to the millions who are already seeing higher premiums or won't be able to keep the coverage they have as the president promised," McConnell said. "We need to repeal this bill and replace it with common-sense reforms."
[Associated
Press;
Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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