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Obama Administration
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Accomplishments
Banking & Investment (19)
Credit & Loan (6)
Defense (10)
Financial (21)
Health Care (20)
Health Insurance (15)
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Displaying 61 Accomplishments
Final phase of Keystone pipeline rejected because it would not serve the national interest of the United States
Oil & Gas
Nov 06 2015
New Medicare formula changes the way doctors are reimbursed; rewards doctors when their patients have better health outcomes
Health Care
Apr 16 2015
Members of Congress and certain government employees prohibited from using non-public information for personal profit
Financial
Apr 04 2012
Cuts in Medicare physician payment rates averted with extension of existing rates through 2012
Health Care
Feb 22 2012
Patent litigation costs reduced through tightened patent standards, quality and processes to expedite challenges.
Industries
Sep 16 2011
Number of US and Russian nuclear warheads deployed reduced by two-thirds by 2017
Defense
Feb 05 2011
Number of US and Russian strategic nuclear missile launchers reduced in half by 2017
Defense
Feb 05 2011
Safety of imported food improved with new FSVP & VQIP programs that helps ensure it is safe, unadulterated and not misbranded
Food & Beverage
Jan 04 2011
Safety of U.S. grown food improved with requirements for large factory farms to register all food handlers and maintain records relating to food safety
Food & Beverage
Jan 04 2011
Schools and communities provided resources to utilize local farms and gardens to provide fresh produce for school food programs.
Agriculture\Farming
Dec 13 2010
On-the-job training opportunities expanded for veterans by reimbursing energy sector employers for training costs.
Energy
Oct 14 2010
Long-term economic stability improved through new FDIC powers to liquidate failing financial firms such as insurance companies and non-bank financial companies
Financial
Jul 22 2010
Borrowers protected from bad loans with rules and penalties requiring that lenders verify that they are able to repay the loans that they issue
Credit & Loan
Jul 22 2010
Financial Stability Oversight Council established to identify and monitor excessive risks to the U.S. financial system
Banking & Investment
Jul 22 2010
Future economic downturns minimized with new rules and transparency regarding bank trading in credit default swaps and derivatives including the "Volker Rule"
Banking & Investment
Jul 22 2010
Risk in the financial system reduced with new SEC Office of Credit Ratings (OCR) to monitor credit rating agencies for conflict of interests & inaccuracies
Credit & Loan
Jul 22 2010
FDIC bank deposit insurance increased from $100,000 to $250,000
Banking & Investment
Jul 22 2010
Transparency of Federal Reserve improved with additional government oversight and new audits to be performed by the GAO
Banking & Investment
Jul 22 2010
Consumer Financial Protection Bureau established to promote fairness and transparency for mortgages, credit cards, and other consumer financial products
Credit & Loan
Jul 22 2010
People denied coverage for a pre-existing condition given access to a temporary high risk health insurance plan
Health Insurance
Mar 23 2010
Children under 19 can no longer be denied coverage or benefits for a pre-existing condition
Health Insurance
Mar 23 2010
Young adults can stay on parent's insurance plan up until age 26
Health Insurance
Mar 23 2010
50% discount on prescription drug costs for seniors in the Medicare "donut hole" starting in 2011
Health Care
Mar 23 2010
Health care insurance plans prohibited from putting a lifetime limit on the benefits you receive
Health Insurance
Mar 23 2010
Annual dollar limits on health benefits restricted and phased out by 2014
Health Insurance
Mar 23 2010
Insurers selling to groups of 50 or more employees must spend 85% of premiums on medical care and quality improvement
Health Insurance
Mar 23 2010
Consumers guaranteed the right to choose the primary care doctor or pediatrician from their health plan’s provider network
Health Insurance
Mar 23 2010
HIV Testing Will Now Be Covered Under Obamacare
Health Care
Mar 23 2010
Consumers are guaranteed the right to appeal decisions made by their health insurance provider
Health Insurance
Mar 23 2010
Women are no longer charged higher premiums because of their gender
Health Insurance
Mar 23 2010
Preventative services will be covered at no additional cost
Health Insurance
Mar 23 2010
Insurance companies must provide consumers a short, easy to understand summary of their benefits and coverage
Health Insurance
Mar 23 2010
Health insurance companies can not charge higher premiums for out of network emergency room care
Health Insurance
Mar 23 2010
People with a pre-existing condition cannot be denied health coverge by an insurance company starting in 2014
Health Insurance
Mar 23 2010
Mental health and drug addiction coverage is an "essential benefit" that can not be denied
Health Insurance
Mar 23 2010
Insurance companies must spend 80% of the money raised from consumers premiums on health care and quality improvement
Health Insurance
Mar 23 2010
$17.5 billion in tax cuts, business credits and subsidies for state and local construction bonds to stimulate business investment and hiring
Construction
Mar 18 2010
$20 billion to the highway trust fund for spending on highway and transit programs.
Construction
Mar 18 2010
Liquidation of General Motors and Chrysler avoided through government mandated restructuring plans and conditional investment and loan programs
Manufacturing
2009
Dept of Defense systems analysis, engineering and developmental testing processes overhauled to reduce high rates of failure on defense acquisitions
Defense
May 22 2009
Defense Dept ordered to evaluate the technological maturity and product knowledge of critical weapons' technologies before letting defense contracts
Defense
May 22 2009
Independent cost assesessment director initiated to ensure that cost estimates for major Defense contracts are fair, reliable, and unbiased
Defense
May 22 2009
Defense oversight council required to seek input from combat commanders in evaluating proposed weapons system capabilities and needs
Defense
May 22 2009
Defense contractors prohibited from participating in both the systems engineering and the development /construction phases of the weapon systems
Defense
May 22 2009
Oversight and audit required of those major defense programs experiencing cost overruns to determine if the programs are essential and cost-effective
Defense
May 22 2009
Funding provided to hire and retain highly skilled specialists to assess the cost, schedule and applicability of proposed Defense Dept weapons systems
Defense
May 22 2009
Annual awards program established to recognize individuals and teams making significant contributions to improving efficiency of defense aquisition programs
Defense
May 22 2009
$60 million in special funding for the Postal Inspection Service to investigate financial institutions for fraud
Banking & Investment
May 20 2009
$60 million in special funding for Inspector General's Office at the U S Dept of Housing and Urban Development to investigate financial institutions for fraud
Banking & Investment
May 20 2009
$40 million in special funding for the Secret Service to investigate financial institutions for fraud
Banking & Investment
May 20 2009
$42 million in special funding for the Securities and Exchange Commission to investigate securites fraud in financial institutions
Banking & Investment
May 20 2009
Homeowners' foreclosures avoided by improved terms for loan modification and restructuring of their debt
Mortgage
May 20 2009
Lenders incentivized to reduce foreclosures by loss mitigation guarantees, compensation and lender protection from lawsuits by investors holding the loans
Mortgage
May 20 2009
Mortgage lending businesses added to list of financial institutions subject to Federal criminal law in fraudulent lending practices
Mortgage
May 20 2009
Crime of major fraud against the United States amended to include Federal grants made to stimulate economic recovery for fiscal years 2009 and 2010
Banking & Investment
May 20 2009
Securities fraud definition amended to include fraud related to commodities futures and derivatives fraud
Banking & Investment
May 20 2009
$140 million in special funding for the Federal Bureau of Investigation to investigate fraud in financial institutions
Banking & Investment
May 20 2009
$100 million in special funding for the offices of the United States Attorneys to investigate and prosecute fraud in financial institutions
Banking & Investment
May 20 2009
$80 million in special funding to the criminal, civil and tax divisions of the Dept of Justice to investigate and prosecute fraud in financial institutions
Banking & Investment
May 20 2009
$155 billion in health care assistance for the poor & unemployed primarily for Medicaid, health information technology and insurance premium subsidies
Health Care
Feb 17 2009
$48.1 billion in investments for highway, bridge, high-speed rail & other transportation projects
Transportation & Logistics
Feb 17 2009