Obama to Urge Oversight of Insurers’ Rate Increases

President Obama will propose giving federal government new power to stop excessive rate increases charged by health insurance companies as a part of his legislation to imrpove health care system. This is a response to a recent premium increase of up to 39% by one of California's insurance companies, and also a democrats' move to protect americans from profeteering insurers. The new legislature was views by Congretional Republicans as an attempt of democrats to take over the health care system.