On Wednesday, white house officials announced that the government's budget in 2009 will include $646 billion to overhaul the nations health care. Every 30 seconds in America, our nations health care system causes a bankruptcy. The Obama administration is hoping that the $646 billion going to health care will help to reduce this number and make health care more affordable for people who can't afford it. Also on Wednesday, the House of Representatives passed a bill to give the US government an additional $410 billion to spend in 2009. They hope that this will keep the federal government operating for the rest of the year and help to improve our country's current economic situation.
In December, the Chicago based Northern Trust Bank announced plans to cut 450 jobs. Just a few months later, the bank is millions of the $1.6 billion it recieved on lavish parties. The parties were thrown to sponsor a golf tournament taking place in Los Angeles. US Senators have planned to write to the bank asking to to pay back all of the money it recieved as a result of it's irresponsible behavior.
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