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Saturday, May 8, 2010

Obama Touts Health Care Helping Millions - But, It isn't In Effect Yet?

WASHINGTON -- President Barack Obama said Saturday that millions of Americans already are reaping benefits from the new health care law, including tax breaks for some small businesses

and help for families with young adults.

In his weekly radio and Internet address, Obama vigorously defended the new law, which passed Congress with no Republican votes and continues to stir strong emotions nationwide. He acknowledged that many provisions will not take effect for years. But he said others are helping some families now.

Four million small business owners and organizations have been told of a possible health care tax cut this year, Obama said. On June 15, some elderly people with high prescription drug costs will receive $250 to help fill the so-called doughnut hole in Medicare's pharmaceutical benefits.

"Already we are seeing a health care system that holds insurance companies more accountable and gives consumers more control," the president said. - FOX News Story

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