16 May 1877 May 16, 2015 Author: Staff A major political crisis takes place in France. Famous Words of Inspiration..."And so our goal on health care is, if we can get, instead of health care costs going up 6 percent a year, it's going up at the level of inflation, maybe just slightly above inflation, we've made huge progress. And by the way, that is the single most important thing we could do in terms of reducing our deficit. That's why we did it." Barack Obama — Click here for more from Barack Obama Related posts: 9 July 1877 Categories: History Tags: 16 May, 1877