Obama signs SCHIP bill

CNN Photo/President Obama says the SCHIP bill is a downpayment on his "commitment to cover every single American."

The House gave final approval to a bill extending health insurance to millions of low-income children, and President Obama signed it later in the day. Obama hopes it is the first in what will be many steps to guarantee coverage for all Americans. Since August 2007, the House has voted at least seven times for legislation to expand the State Children's Health Insurance Program, but prior efforts were thwarted by the Bush White House.

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