Card Set Information
The Patient Protection and Affordable Care Act: what does it do? when did the amended bill pass?
32 million nonelderly Americans will be covered
23 million people will remain uninsured, including illegal aliens
$939 Billion cost of measure over 10 years
March 23, 2010
Obama also passed Financial reform legislation called? when was it signed?
Dodd-Frank Wall street reform and consumer protection act
July, 21 2010
Does Obama's methods cause the economy to grow rapidly? Unemployment rate?
no, us economy registers 2.8% growth in July
sept 2009 first increase in 12 months
: highest since April 1983
Economy of 2010 Growing Federal Debt
2008= $10.5 trillion and 2011 =15 trillion
Obama Foreign Policy: who is the secretary of state
What is the new direction in foreign policy
Multilateralism and engagement
withdrawing from Iraq
Making Afghan/Iraq successful
: 30,000 more troops sen to Afghanistan
Overtures to muslim world
dealing with Arab Spring uprisings
Why did Obama win the Nobel Peace Prize in 2009?
because of his foreign policy of Multilateralism and engagement
Mid-term elections for Obama: declining popularity?
2009 69%- 2011 43%
Republicans are revitalized
Outcome of 2010 midterms: biggest midterm turnaround since 1948
Republicans recapture majority in House of Reps
Gain 6 seats in the senate
42% turnout vs 63% in 2008
120 mil votes cast in 2008 only 75 mil in 2010
Challenges for Obama
reps confront Obama on health care, taxes, budget, federal deficit
Government shutdown avoided in 2011
over proposed budget cuts
last minute deal between Obama and congressional republicans
Competing plans for reducing the federal debt?
: lower taxes, cuts in medicare, changing medicare into a voucher system that subsidizes privately purchase health care insurance plans
: end Bush era tax cuts and restore the top tax rates of 36%-39.6%
Debate over raising debt limit
failure to raise debt limit - default by US government 1st in history
reps demand steep budget cuts in exchange for raising debt limit
What last minute deal regarding raising the debt limit is reached?
debt ceiling raised
congressional super committe will identify 1.3 trillion in cuts over 10 years
Campaign of 2012 what does Obama try to pass to boost the sluggish economy
The American Jobs Act 447 billion if tax breaks infrastructure spending
Blocked by reps
What does the TEA party movement stand for?
Taxed enough already party
Occupy wall street
99% protesting against capitalism and the rich and poor gap
tax the rich
against big business and finance
against corporate power in politics
for lower education costs
more job opportunities
more direct and total democracy
Election of 2012, candidate, winner, how much? What do each candidate stand for?
: less gov, lower taxes, free enterprise
traditional values of marriage, faith
: more government
pro-choice, pro- same sex marriage
51-48% popular vote
332-206 elect. college votes
Who were Obama's coalition?
single women, minorities, younger voters
Obama's agenda for second term
Does Obama's health care website work?
no it is a joke
aka Obama's Katrina
popularity drops to 39%