Obama drops ambitious plans to avoid poll-axing
President Obama is scaling back his plans for far-reaching legislation in an attempt to save his party from disaster in elections later this year.
The shift began yesterday as he launched an 11-page plan for health reform, which cherry-picked the best of what has been passed already by Congress. A bill to introduce a carbon tax has also been dropped, while immigration reform has been put on hold.
Mr Obama will instead concentrate on a modest jobs bill, tax cuts for the middle classes and campaign finance reform.
The revised health plan, costing $950bn (€700bn), would allow the federal authorities to regulate excessive rises in insurance premiums but omits a government-run insurance plan.
However, it is uncertain that this plan can pass, since Republicans are largely opposed and some Democrats are having second thoughts with mid-term elections approaching fast. (© Daily Telegraph, London)