With health care reform signed, sealed, and delivered, President Obama looks to move on to the next objective on his list: fixing the economy. A day after he signed the landmark health care bill into law, the President met with congressmen Barney Frank and Chris Dodd to talk about creating a bill that will help set up new financial regulations. The President and two congressmen are hoping this will bring back jobs to American people who desperately need work. A new bill is also a giant step forward in making sure that regulations are set up that prevents an economic crisis like this from ever happening again.
The President is striving to find political help for this cause and may have the strong support of Congress who just passed a financial bill last year. However, just like with health care, there are opponents who are against more government regulation and sanctions. However, with the latest passing of the turbulent health care reform bill, many in Congress feel that a finance bill can happen now rather than later.
The President’s press secretary, Robert Gibbs, went on to say that financial reform is something that the President expects to take on next and that he will hopefully have a bill to sign by the end of the year. This shows that, as big of an issue health care was for the President, he still realizes that the nation can’t fully recover without a fixed economy and strong workforce. Hopefully, like with health care, the President will accomplish that goal.