The US President Barack Obama has hailed an agreement reached by the 60 Democratic and Democratic-leaned senators on a Health Care Reform Bill that is expected to be passed soon. In an unscheduled speech at the White House, Obama praised the compromise made among Senate Democrats that cleared the way for US Senate passage of a sweeping health care overhaul. The president applauded the bill for it being able to expand the health insurance coverage to 30 million Americans who are not insured currently. Citing a report by the Congressional Budget Office, he said that the bill would reduce the deficit by 132 billion U.S. dollars over the first decade of the program, and more than one trillion dollars in the decade after that. After months of negotiations and discussions, Senate Democrats finally gathered 60 votes needed to have the health care reform bill passed.<br/> <br/><br/>