One down… at least two more to go. Yesterday, a U.S. Court of Appeals panel in Cincinnati gave round one of the fight over the Patient Protection and Affordable Care Act to the White House, upholding a lower court ruling that a stipulation in the law that requires Americans to purchase health insurance does not violate the Constitution.
After months of debate and compromises that left some members of both parties less than thrilled, President Obama signed the financial reform bill into law this morning, which means that all problems with all banking is fixed forever… right?
Two weeks after finally getting through the House of Representatives in a heavily edited form, the financial reform bill was passed by the Senate earlier today by a vote of 60-39.
It doesn’t look like it’s going to make President Obama’s July 4 deadline, but the financial reform bill did manage to squeak through the House of Representatives on Wednesday with a final vote of 237-192.