Changes

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====

====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.

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.<ref>[http://www.pierrelemieux.org/stiglitzrisk.pdf Implications of the New Fannie Mae and Freddie Mac Risk-based Capital Standard,] by Joseph E. Stiglitz, Jonathan M. Orszag and Peter R. Orszag. Fannie Mae Papers, Volume 1, Issue 2, March 2002, Conclusion p.6. </ref>

 

====Environment and energy====

====Environment and energy====

{{main article|Gulf of Mexico oil spill disaster}}

{{main article|Gulf of Mexico oil spill disaster}}