• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

2

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

3

Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less

1

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

2

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

3

Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less
Leadership

Obama Lines Up a Meeting With Lawmakers, a Speech in Chicago

By
The Associated Press
The Associated Press
Down Arrow Button Icon
By
The Associated Press
The Associated Press
Down Arrow Button Icon
December 31, 2016, 3:34 PM ET
Obama
In this photo taken Dec. 16, 2016, President Barack Obama speaks during a news conference in the briefing room of the White House in Washington. President Barack Obama will strategize next week with Democratic lawmakers about how to prevent Republicans from destroying his Affordable Care Act. He'll also give a speech in Chicago on Jan. 10, 2017, that is expected to be his closing message as president. (AP Photo/Pablo Martinez Monsivais)Pablo Martinez Monsivais AP
Add Fortune on Google for similar content.

Eager to stop Republicans from destroying his signature health care law, President Barack Obama and Democratic lawmakers will meet next week to try to forge a common strategy. Obama also plans a major valedictory speech in Chicago, his hometown, shortly before his presidency ends.

Obama will travel to the Capitol on Wednesday morning for the meeting with House and Senate Democrats, according to an invitation sent to lawmakers. The White House is casting it as an effort to unite Democrats behind a plan to protect the law, known as the Affordable Care Act, before Republicans have a chance to settle on their own plan for repealing it.

Democrats are on edge over the future of the ACA, given the GOP’s disdain for “Obamacare” and President-elect Donald Trump’s vows to gut it. Though Republicans are united behind the notion of repealing the law, they’re split over how best to replace it. Some want to strip out unpopular provisions while leaving others intact, while other Republicans prefer a start-from-scratch approach.

In 2017, GOP Congress Sees Mandate to Undo Obama’s Agenda

It’s that lack of unanimity among Republicans that Obama and Democrats hope can be exploited, if they can lay the groundwork even before Trump takes office. To that end, Obama also planned to answer questions about the future of the health care law next Friday during a livestreamed event at Blair House, just across Pennsylvania Avenue from the White House.

Initially stunned by the defeat of Hillary Clinton, Democrats are now trying to organize a counter-attack to preserve the ACA, among the most significant expansions of the social safety net since Medicare and Medicaid were created 50 years ago. House Democratic leader Nancy Pelosi has urged her lawmakers to make health care their focus at the start of the year.

Defenders of the law have also launched a political coalition called “Protect Our Care,” bringing together more than 20 groups, including the NAACP and the Service Employees International Union.

For more on the Affordable Care Act, watch:

One of their objectives is to try to prevent Republicans from repealing the ACA without also enacting a replacement. (Currently Republicans plan to quickly vote on repealing the law, and delay the effective date to give them time to craft a replacement.) Another goal for Democrats is to pre-empt bigger health care changes to Medicare and Medicaid long sought by Republicans.

Since the ACA passed, about 20 million people have gained coverage and the uninsured rate has dropped to a historic low of around 9 percent. Some of the coverage gains are due to employers offering jobs with health care in a stronger economy, but most experts mainly credit Obama’s law.

A recent poll suggests that defenders of the law may get a receptive hearing from the public. Only about 1 in 4 Americans want Trump and the GOP-led Congress to completely repeal the ACA, according to a post-election survey by the nonpartisan Kaiser Family Foundation.

How Republicans Are Ruining Obamacare

“Republicans don’t fully appreciate the implications of even a partial repeal of the ACA,” said Rob Restuccia, executive director of Community Catalyst, one of the advocacy groups in the coalition trying to preserve the law. “People use the analogy of the dog that caught the car.”

Obama’s speech in Chicago on Jan. 10 is expected to serve as his closing words to the nation as president. His appearance will be open to the public and followed by a “family reunion” for alumni of Obama’s former campaigns, according to a save-the-date notice sent to Obama alumni and obtained by The Associated Press.

The White House has not confirmed Obama’s speech or trip to Chicago.

About the Author
By The Associated Press
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Leadership

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Leadership

Getting past the pilot: Why so many AI test projects have trouble scaling
SuccessBrainstorm Tech
Getting past the pilot: Why so many AI test projects have trouble scaling
By Alexei OreskovicJune 24, 2026
3 hours ago
How ‘Ozempic face’ is pushing Gen X, already the biggest Botox and filler consumers, to the facelift table a decade early
HealthGen X
How ‘Ozempic face’ is pushing Gen X, already the biggest Botox and filler consumers, to the facelift table a decade early
By Mia OsmonbekovJune 24, 2026
5 hours ago
Why Zohran Mamdani’s big night as the Democratic party’s new kingmaker matters for every Fortune 500 CEO in every city and state
PoliticsPolitics
Why Zohran Mamdani’s big night as the Democratic party’s new kingmaker matters for every Fortune 500 CEO in every city and state
By Catherina GioinoJune 24, 2026
5 hours ago
Warren leans in to talk to Scott
PoliticsHousing
Congress’s landmark housing bill could backfire on millions of renters
By Jacqueline MunisJune 24, 2026
6 hours ago
CEO of $8 billion Flexport blasts remote work as ‘white-collar fraud’ and a ‘total fantasy’ for highly paid employees
C-Suiteremote work
CEO of $8 billion Flexport blasts remote work as ‘white-collar fraud’ and a ‘total fantasy’ for highly paid employees
By Marco Quiroz-GutierrezJune 24, 2026
7 hours ago
How Home Depot is rebuilding retailing with AI
NewslettersCIO Intelligence
How Home Depot is rebuilding retailing with AI
By John KellJune 24, 2026
9 hours ago

Most Popular

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting
Economy
The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting
By Jacqueline MunisJune 24, 2026
19 hours ago
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
Success
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
By Orianna Rosa RoyleJune 23, 2026
2 days ago
Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less
Retail
Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less
By Nick LichtenbergJune 24, 2026
11 hours ago
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
Success
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
By Orianna Rosa RoyleJune 24, 2026
19 hours ago
Ray Dalio just finished a 10-day trip to China. He says global leaders know America ‘doesn’t have what it takes to fight to maintain its empire’
Asia
Ray Dalio just finished a 10-day trip to China. He says global leaders know America ‘doesn’t have what it takes to fight to maintain its empire’
By Nick LichtenbergJune 24, 2026
13 hours ago
Current price of gold as of June 23, 2026
Personal Finance
Current price of gold as of June 23, 2026
By Danny BakstJune 23, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.