U.S. President Barack Obama says America's economy is improving, but
future prosperity depends on long-term investment and innovation.
his weekly address, Mr. Obama said Friday's report showing that the
gross domestic product fell at an annual rate of one percent is
evidence the recession is easing, but that a full recovery will take
Mr. Obama says lasting prosperity depends on having
well-educated and highly-skilled workers, a health care system that
fosters innovation and holds down costs, building a clean energy
economy and investing in research and development.
president's proposed health care program for the country has taken a
major step forward. A U.S. House of Representatives committee approved
legislation Friday that would extend health insurance to all
Americans. The full House is expected to vote on the legislation next
In the opposition Republican Party's weekly address,
Senator John Thune from the north central state of South Dakota says
Democratic Party proposals will increase the deficit and will not
improve health care.
approved (31 to 28) by the House panel (Energy and Commerce Committee)
late Friday involves creating a public health insurance plan.
Majority Democrats say the changes will stop the insurance industry from coming between doctors and patients.
Republicans say the plan is too costly and is the first step toward a
government takeover of health care, which they say will make conditions