Small Business Brief for 11/17

Politics and Government Major Challenges for Obama Health Reform Plan With declining employment and a tough economy, Presid ent-elect Obama's health care reform plan is facing mounting challenges—more people to losing coverage; baby boomers signing-up for Medicare; rising prescription drug prices—even as PricewaterhouseCoopers estimates the cost of Obama's plan to be around $75 billion in 2009 and rising as more people are covered. Southern Senators From States With Foreign Carmakers Oppose GM, Ford Rescue Senators from southern states with Asian and European car manufacturers oppose bailing out U.S. automakers, claiming that the industry can thrive with... [Read Full Article]