Obama Praises SCHIP Expansion, Pledges to Sign

After the House of Representatives this afternoon passed a $35 billion expansion of the State Children's Health Insurance Program (SCHIP) this afternoon, President-elect Barack ObamaBarack ObamaMovie trailer gives peek at Obamas' first date Boehner: Ted Cruz a 'miserable son of a bitch' Poll: Most Americans disapprove of ObamaCare MORE praised the measure and pledged to sign it should the Senate put it on his desk.

"In this moment of crisis, ensuring that every child in America has access to affordable health care is not just good economic policy, but a moral obligation we hold as parents and citizens. That is why I

More in Banking/Financial Institutions

Watchdogs praise Fed's 'living wills' decision as Wall Street fumes

Read more »