Industry's promises may not go far in health reform
Washington Barack Obama faced cautious industry pledges after a White House meeting with doctors hospitals drug makers and device manufacturers promising to cut health care spending growth by 1.5 points annually from 2010 to 2019 but the six trade groups offered a limited commitment and experts warn the plan lacks enforceable policy details. They caution the target could be difficult to achieve and may require painful tradeoffs for patients and providers.
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Boston University
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American Medical Association
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U S deficit soars to 1.8 trillion as Obama plan costs rise
The U S budget deficit is projected to exceed 1.8 trillion dollars, with the government borrowing about 50 cents per dollar spent. The rise reflects recession, the Wall Street bailout, and Obama's stimulus, pushing the annual gap far beyond last year.
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White House
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White House budgets deficit to reach 1.3 trillion
With the 2010 budget year starting in October the deficit is projected to worsen by 87 billion dollars to 1.3 trillion. The decline stems from reduced tax revenues and higher costs for bank failures unemployment benefits and food stamps.
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White House
Shuttle Atlantis Hubble repair flight launches amid high risk
Atlantis blasts off on a complex Hubble repair mission with seven astronauts aboard in a high orbit. A second shuttle stands by for rescue if needed as five space walks are planned to replace batteries gyroscopes cameras and fix two scientific instruments. debris and debris risk noted but initial launch video found no faults and thermal shield inspection planned.
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International Space Station
Space Program
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