In an unscheduled visit to the White House briefing room this afternoon,
President Obama took questions from reporters and discussed a big new
announcement from the Department of Health and Human Services.
"Today, HHS announced that thanks to the health care law that we passed,
nearly 5.4 million seniors with Medicare have saved over $4.1 billion on
prescription drugs. That’s an average savings of more than $700 per person," he
said. "This year alone, 18 million seniors with Medicare have taken advantage of
new preventive care benefits like a mammogram or other cancer screening at no
extra cost."
After being asked about the prospects for more action from lawmakers to help
create jobs and grow the economy, the President reiterated his call to help
millions of responsible homeowners save hundreds of dollars each month.
"We're going to be pushing Congress to see if they can pass a refinancing
bill that puts $3,000 into the pockets of the average family who hasn’t yet
refinanced their mortgage. That's a big deal," the President told reporters.
"That $3,00 can be used to strengthen the equity in that person's home, which
would raise home values. Alternatively, that's $3,000 in people's pockets that
they can spend on a new computer for their kid going back to school, or new
school clothes for their kids, and so that would strengthen the economy as
well."
To learn more about the President's proposal, visit WhiteHouse.gov/refi.
At the podium, President Obama also answered questions about the uprising in
Syria, the security of American servicemembers in Afghanistan, and the state of
the 2012 political campaign.
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