SkipCaptcha, Automoderated users, edit
2,275
edits
Changes
Jump to navigation
Jump to search
Line 207:
Line 207: + +
→Regulatory reform
Amongst other things, the act mandated that everyone purchase health care coverage or face punitive tax measures, and was upheld by the [[Supreme Court]].
Amongst other things, the act mandated that everyone purchase health care coverage or face punitive tax measures, and was upheld by the [[Supreme Court]].
==Regulatory reform==
Obama criticized the "revolving door" of government and business, and regulators who oversee them. After appointing [[Peter Orszag]] his first Budget Director to dole out the stimulus cash, Orszag resigned to become Citigroup's Vice Chairman of Global Banking. Citigroup was the recipient of $476 billion in [[bailout]] money - more than any other bank - after the disastrous [[Financial crisis of 2008]]. Before the bailout, Orszag's expert opinion of the chances of a mortgage meltdown were 1 in 500,000.
====Environment and energy====
====Environment and energy====