Student Loan Reform Law Signed by Obama

Ever since Obama became the President of US, he has worked its way in focusing mostly in the education and health care system. In his recent signing of the Health Care Reform and Education Reconciliation Act, he has proved once again that the government is taking actions for the betterment of all students by making student loans affordable.

Accordingly, the student loan program, as part of the Health Care Reform and Education Reconciliation Act, changes the student loan system and makes the federal government the primary distributor of these student loans. It reinvests those $68 billion in savings toward making college more affordable, as well as reducing the deficit.

Here are some of the highlights of the Student Loan Reform Law will to help students and families have a more affordable college education:

– Double funding for Pell Grants since Obama took office, to make sure that all eligible students receive an award, and that student loan grants keep pace with the rising cost of college.

– Invest in community colleges to help an additional 5 million Americans earn degrees and certificates over the next decade.

– Increase support for historically black colleges and universities and minority serving-institutions, which have been particularly hard hit by some of the challenges facing all universities, and account for nearly sixty percent of the 4.7 million minority student undergraduates in our country.

– Ease loan repayment by capping student loan payments at 10 percent of a graduate’s discretionary income, with any remaining balance forgiven after 20 years. And those students who go into public service after graduation can have their student loans forgiven after 10 years.

– End government subsidies given to financial institutions that make student loans, switching to direct loans. This saves nearly $68 billion for college affordability.

President Barack Obama Visits The View

Leading up to U.S. President Barack Obama’s guest appearance on “The View”, there were speculations that there could be awkward moments with one of the show’s hosts, Republican supporter Elisabeth Hasselbeck.  On Thursday morning, President Obama appeared calm and at ease as he talked about relevant issues and other trivial issues. President Obama talked comfortably before the show hosts, from Shirley Sherrod, race issues to his Blackberry phone.

President Obama knows that he is a target for criticism for appearing on the show. When asked why he picked “The View” to tackle issues of public concern, he simply replied that his wife, First Lady Michelle Obama is a fan of the show.

On his daughters 12-year old Malia and 9-year old Sasha, the president says that they are at the right age wherein “they’re not quite teenagers yet, so they still like you”.

As a youngster, he was confused about his racial identity. He eventually resolved this identity crisis by believing that he is African-American just as others identified him. “If the world saw me as African American, then that was something I needn’t run away from, that’s something that I could go ahead and embrace.”, Obama said.

President Obama also shared that although some feel that he Is going through rough times as the nation’s leader, it is the American population who are suffering that inspire him to keep going through all possible challenges.

Obama Signs Health Care Bill But 13 States Sue Over Health Care

Millions of supporters of the new Heallth Care Reform Bill are now rejoicing as the proposed health care bill was finally signed by US President Obama to become a law today in the East Room of the White House.

Accordingly, a happy Obama signed the health care bill into law today in a White House ceremony marking a historical event of the expansion of health insurance coverage.

Obama said: “Today, after almost a century of trying — today, after over a year of debate — today, after all the votes have been tallied, health insurance reform becomes law in the United States of America.”

In his speech, Obama thanked several persons which were instrumental in pushing this health care bill that includes his mother who had an argument with several insurance companies before she died of Cancer.

However, things won’t be easy for Obama as 13 US States filed lawsuits minutes after he signed the health care bill into law. These 13 states demanded to fix and amend some clauses in the health care bill that includes the mandatory requirement that all Americans should buy health insurance or else face financial penalties, among others.

The lawsuit was filed at Pensacola just 7 minutes after Obama signed the new health care bill to become a law with Florida Attorney General Bill McCollum as the leader of the group joined together by several attorneys general from 12 other states which includes South Carolina, Nebraska, Texas, Michigan, Utah, Pennsylvania, Alabama, South Dakota, Idaho, Washington, Colorado, and Louisiana.

What’s the likelihood of success of these 13 lawsuits filed against the Federal Government? Well, according to some legal experts, its success is very little because “under the Constitution, federal laws trump state laws”.

What do you think of this new health care bill that was just signed into law today? Participate in our mini discussion by leaving your comments here.

Health Care Bill Vote Results: Health Care Reform Bill Was Passed

Finally, after the rigorous debate on the proposed Health Care Bill by US President Obama, the said Health Care Bill was finally approved by the House of Representatives.

Republicans debate focuses on the the fact that this Health Care Bill will have a negative impact on the budget deficit of the US economy. With huge health care expenses to cover almost all Americans, the US government is about to spend at least $940 billion over the span of 10 years.

However, Democrats simply want to push through with the said Health Care Bill since it will give a lot of benefits to those uninsured individuals which includes lowered health care insurance costs, elimination of pre existing conditions, tax benefits, etc .

Republicans’ and Democrats’ long debate finally came into a conclusion when the final tally of the votes for the $940 billion proposed Health Care Bill end. The results of the votes were 219-212 in favor of the Democrats and so the much awaited Health Care Bill was finally passed in the House of Representatives.

In addition, The House of Representatives also voted 220-211 to support a “reconciliation” bill aimed to “fix” provisions in the Senate Health Care Bill that many House Democrats opposed but viewed as better than nothing.  After the debate on the House of Representatives, the Health Care Reform Bill will now go to the Senate for another debate which is expected to be held on Tuesday, after which, Obama would sign it to become a law.

The Health Care Reform Bill was a success for Obama. In his address in the White House, Obama reiterates that passing the Health Care Bill “proves government still works for people.”

What’s Your View in Obama Health Care Vote?

We are few hours away before the results of the Health Care Bill proposed by Obama will finally be released. Who do you expect to win? Is it the Republicans who are against the said Health Care Bill or is it the Democrats who are pro to it?

This is again another mathematical game. Obviously, majority wins. It is widely expected that the results of the Health Care Bill votes will be very close. Looking at the numbers, Democrats need 216 votes to pass it. However, there are about two dozens of them who vowed to vote for a “no”. Together with all 178 Republicans voting for a ‘no”, the votes’ turnout is expected to be extremely close.

Republicans vow to vote for a “No” since for them, this Health Care Bill involves a huge amount of expenses by the US Government that will definitely hamper or slow down US’ recovery against the recent recession.

On the other hand, most Democrats vow to vote for a “Yes” as they believed the passage of this Health Care Bill into law will help a lot of Americans to lower the costs of their health care expenses.

What’s your view in Obama Health Care Bill? If you were one of the leaders in the House, what will be your vote? Do you see Obama signing the passage of this Health Care Bill into law?

Endeavour Space Shuttle Launch Will Be Watched By Many

Aside from the Royal Wedding of Prince William and Kate Middleton, the launch of space shuttle Endeavour will be watched by a lot of people. On Friday, at 3:47 p.m. at NASA’s Kennedy Space Center, Cape Canaveral, Florida, Endeavour will embark on its final mission, and mark NASA’s second to last shuttle mission before the 30-year US space shuttle program ends.

On its last mission the Endeavour will carry an Alpha Magnetic Spectrometer, spare parts, two communication antennas, and a high-pressure gas tank to the International Space Station.

Among the “guests of honor” who will watched the shuttle launch of Endeavour are Rep. Gabrielle Giffords and President Obama. Giffords, who is undergoing rehabilitation in Houston, flew to Florida to witness her husband, Mark Kelly, in the Endeavour’s shuttle launch. She was injured in a shooting incident in Tucson where 13 people were injured and 6 others killed.

Mark Kelly commands the NASA space shuttle Endeavour which is tasked to deliver to the space station, an Alpha Magnetic Spectrometer. The spectrometer measures cosmic rays which could identify antimatter or dark matter. This will help scientists learn more about the universe. It will be the final mission of the Endeavour.

According to NASA shuttle test director Jeff Spaulding, Endeavour is ready and in “good shape” for its Friday launch. Although there will be isolated storms, the weather will get better by 11 pm, which would not cause major problems with the shuttle launch.

President Obama and his family will also watch the historic shuttle lift-off. Ellen DeGeneres and Oprah Winfrey’s shows will devote time for the space shuttle Endeavour launch.

Photo credit: Inquisitr.com

Compare Obama Bracket 2010 to Your NCAA Men’s Basketball Bracket 2010

Are you done filling up those NCAA Bracket? Well, if you haven’t done it yet, you are losing your chance to win various prizes at stake offered by some sports sites.

President Obama is one of the college basketball fans who participated in this NCAA basketball craze by filling up his own 2010 NCAA Men’s Basketball Bracket.

So which basketball teams does Obama Bracket contain? Well, Obama’s March Madness predictions in the “Final Four” of the 2010 NCAA Men’s Basketball Tournament are the basketball teams Kansas, Kentucky, Villanova, and Kansas St.

His National Championship Winner is no other than Kansas. Do you think he gives justice to the other basketball teams he eliminated in his NCAA Bracket 2010? If you can remember, last year’s Obama Bracket has North Carolina as the National Championsip winner and he was able to guess it right? Will he be able to do the same this year?

How about your 2010 NCAA Men’s Basketball Bracket? Does it have some resemblance to Obama’s Bracket? To find out if there’s really a resemblance, try to download Obama’s official NCAA Men’s Basketball Bracket below:

Obama’s NCAA Men’s Basketball Bracket 2010 List Revealed

Finally, after hours of waiting, ESPN finally released President Obama’s NCAA Bracket picks on what basketball teams he thinks will qualify for each round of the 2010 NCAA Basketball Tournament.

Below is Obama’s NCAA Men’s Division Basketball Bracket 2010 picks.

If you want a clearer picture, ESPN has the same 2010 Obama NCAA Men’s Basketball Tournament Bracket here.

Meanwhile, for the Women’s Division of the 2010 NCAA Basketball Tournament Bracket, ESPN is still updating and we will know from them the soonest possible time as the bracket gets updated so standy by to us for more information.

What do you think of Obama’s NCAA Men’s Basketball Bracket 2010 picks? Will he be able to predict once again the National Championship winner just like last year when he filled up his NCAA Basketball Bracket placing North Carolina as the winning basketball team?