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Politics Breaking News: Obama Talks up Health Care Law's Rebates


President Barack Obama says his health care law is working and cutting costs for consumers, despite what the law's Republican critics say. Obama emphasized half a billion dollars in rebates going to nearly 9 million people under a provision of the law he says is holding insurance companies accountable.

Texas Gov. Rick Perry signed sweeping new abortion restrictions that could shutter most of the clinics in the state.

The U.S. Senate Banking Committee voted unanimously to confirm President Barack Obama's Democratic and Republican nominees to serve on the Securities and Exchange Commission, the top regulator in charge of policing Wall Street.