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When Standard and Poor's downgraded the nation's AAA debt rating last year, it came after months of warnings about gridlock in Congress over dealing with the nation's financial problems. In a time of rising economic challenges, S&P said the U.S. had weakened "effectiveness, stability and predictability" in its policymaking and political institutions. It is far from clear when and how those shortcomings will be repaired. The new federal health care law that Obama pushed through over GOP objections will have key elements tested in the Supreme Court this year. Even if those elements fail, facets of the health care law are popular and may never be repealed, including ending lifetime maximum policy limits and extending coverage under a parent's health insurance policy to children until they're 25.
[Associated
Press;
Copyright 2012 The Associated
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