Obama: no 'line in sand' on gov't healthcare plan
WASHINGTON, June 23 (Reuters) - President Barack Obama said on Tuesday he strongly believed a government-run health insurance plan "made sense" as part of broad healthcare overhaul, but that he had not drawn a line in the sand on the issue.
"We are still early in this process so we have not drawn lines in the sand," Obama told a news conference.
He said a government-run plan would be a useful tool to "discipline" private insurers, but said private insurers should be able to find ways to compete in the market.
"If what the insurance companies are saying is true that they are doing their best to serve their customeers....they should be able to compete," he said.
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GLOBAL RECOVERY
Global economy in holding pattern - IMF
The global economy is in a holding pattern and vulnerable to more upheaval, the head of the IMF said, adding a lasting recovery will depend on policymakers taking the proper steps in the coming months. Full Article
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