The embers of the US Congress have started to revise an agreement on the US financial reforms after the Republicans objected to apply tax on the large financial institution. After a 19-hour long negotiation between House and the Senate legislators on Thursday, the democrats were very much sure that their bill would pass both of the chambers.

Senator, Scott Brown of Massachusetts is intending to introduce legislation today which is aimed at extending unemployment support for the long-standing jobless, offering financial support as summer jobs, and offering more Medicaid funding to states.

The American Medical Association, other physician organizations and seniors groups are looking forward to a long-term solution to the Medicare physician payment system, which will undergo a 21.2 % cut from March 1st onwards.