It’s not health care, stupid.
It’s financial reform.
That’s what matters the most to voters.
“This is the really compelling issue for most Americans. We just had our financial lives wrecked by the financial crisis and picked up the tab for it,” says Mike Calhoun, president of the Center for Responsible Lending. “I’ve said this to a number of senior administration officials: They should have done this
first. The main dynamic we have seen for well over a year is that health care issues have sucked all the oxygen out of the room.”
Not anymore, as the Senate finally begins to take up a complex package of reforms, a powerful lobbying battle is underway, pitting consumer groups and unions on one side and business on the other.
And unlike, heath care, where polls show people divided, ambivalent and even confused about the subject, a majority of voters on both sides of the political aisle support financial reform—and in particular, the creation of a watchdog, dubbed the Consumer Financial Protection Agency.
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