WASHINGTON — President Barack Obama is signing a bill Tuesday that finalizes his big health care overhaul and revamps the U.S. student loan system.
Obama will sign the bill and speak at Northern Virginia Community College, just outside Washington. That's the college where Vice President Joe Biden's wife, Jill, is an instructor.
The student loan provisions were included in a health care overhaul bill Obama signed last week. This final legislation tweaks some parts of the health bill that House members insisted be changed.
The president will meet later with French President Nicolas Sarkozy (sar-koh-ZEE'). Obama and the first lady also will host a private dinner for Sarkozy and his wife.
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(Reuters) - President Barack Obama said on Monday (click title to entry - thank you) that a U.S. healthcare overhaul is a "critical first step" but that adjustments will be needed in the new law to further reduce costs.
Critics of the ten-year, $940 billion overhaul have complained the revamp does not go far enough in reducing healthcare costs.
Obama, in an NBC News interview to air on Tuesday on the "Today" show, said adjustments will be needed to the law.
"I think it is a critical first step in making a healthcare system that works for all Americans. It is not going to be the only thing. We are still going to have adjustments that have to be made to further reduce costs," he said.
Obama is to sign a package of final changes to the new law on Tuesday in Alexandria, Virginia.
(Reporting by Steve Holland; editing by Todd Eastham
