Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. User Boards ›
  4. Keeping it Real Message Board

President Makes Good on Promise to Veto Bill That

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 51864
Posted On: 11/30/2016 10:11:17 AM
Avatar
Posted By: PoemStone
President Makes Good on Promise to Veto Bill That Guts Obamacare - See more at:

Before the House of Representatives had even passed the bill that guts the Affordable Care Act (ACA), President Obama had already announced he would veto it. And now he has made good on that promise.

The Senate had passed the bill in December, despite the president’s vow that should it make it to his desk, he would veto the bill. On Wednesday, the House voted 240-181, almost entirely along party lines, to pass the legislation that essentially repeals the ACA.

"This legislation would cost millions of hard-working middle-class families the security of affordable health coverage they deserve," Obama wrote in his veto message. "Reliable health care coverage would no longer be a right for everyone: it would return to being a privilege for a few."

While House Speaker Paul Ryan quipped in a statement that it was no surprise “someone named Obama vetoed a bill appealing Obamacare,” the president noted that he believed the bill would cause harm to the health and financial security of Americans.

"Rather than re-fighting old political battles by once again voting to repeal basic protections that provide security for the middle class, members of Congress should be working together to grow the economy, strengthen middle-class families, and create new jobs," Obama wrote.

While Ryan vowed that he would hold an override vote when the bill goes back to Congress, Republicans do not have enough votes. However, he added that if a Republican is sitting in the White House next year, this bill will get signed into law.

“The idea that Obamacare is the law of the land for good is a myth,” he said in a statement. “This law will collapse under its own weight, or it will be repealed. Because all those rules and procedures Senate Democrats have used to block us from doing this? That's all history.”

Already, healthcare organizations are stating their support for the president's action with the National Council of Asian Pacific Americans leading the way.

“We strongly support the President’s veto so that our communities can continue to have access to health care resources,” National Director Christopher Kang said in a statement. "We are disappointed in yet another attack from Republicans in Congress to repeal the ACA, which has already benefitted millions."



(0)
(0)




Featured stocks: Coffee Shoppe
For conservative debate: "Keeping it Real"
Game Changing stock $SHMP





Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us