Poll: Most Americans think health law is inevitable
They may not like it, but they don’t see it going away. About 7 in 10 Americans think President Obama’s health care law will go fully into effect with some changes, ranging from minor to major alterations, an Associated Press-GfK poll finds.
Just 12 percent say they expect the Affordable Care Act — Obamacare to dismissive opponents — to be repealed completely.
The law — covering 30 million uninsured, requiring virtually every legal U.S. resident to carry health insurance and forbidding insurers from turning away the sick — remains as divisive as the day it passed more than two years ago.
After surviving a Supreme Court challenge in June, its fate will probably be settled by the November election, with Republican Mitt Romney vowing to begin repealing it on his first day in office and Mr. Obama pledging to diligently carry it out.
Campaigns pick poll sites to increase turnout in Iowa
Residents in the heavily Hispanic city of Denison will be able to cast ballots at a Mexican grocery store. Those living in the Republican-leaning Des Moines suburbs will get to vote early at evangelical churches.
Iowa is one of 32 states that allow early voting, and both presidential campaigns are trying to take advantage of an unusual state law that gives political supporters a big say in where the ballots are cast.
Evans defends Federal Reserve’s efforts to stimulate economy
A Federal Reserve official who has advocated more aggressive moves on the part of the central bank to combat high unemployment says the country cannot afford timid efforts to support the economy.
Charles Evans, president of the Federal Reserve Bank of Chicago, said Wednesday that he wholeheartedly supported the moves the Fed took earlier this month to buy $40 billion in mortgage-backed securities every month in an effort to drive interest rates lower and stimulate economic growth.
His comments in a speech to a business group in Hammond, Ind., were the latest in what has become a verbal battle among Fed officials over the course of interest-rate policy. On Tuesday, Charles Plosser, president of the Fed’s Philadelphia branch, expressed doubts that the Fed’s latest stimulus efforts would work.