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That is, if Congress will approve the boost in federal funding for two-year schools, up from just $1.9 billion in 2006. Finding the cash to pay for this proposal hinges on Obama's plan to save money by nixing subsidies to private lenders under the Family Federal Education Loan Program. That legislation faces opposition from student-loan companies and some Republicans, who say the shift to direct lending - in which Uncle Sam acts as your loan officer - will cost thousands of jobs and keep colleges from choosing between competing loan programs eager to underbid one another. (Read about...
...pornography. Observers have expressed concern that such decisions are a sop to retrograde social forces that oppose liberalization and have the support of the generally conservative Ukrainians. With a presidential election scheduled for Jan. 17, politicians seem to be on the lookout for ways to give themselves a boost in the polls. "[They] are trying to make an impression on society by using the most extreme methods," says Taras Karasiychuk, director of the Gay Alliance of Ukraine. "It's more populism than a desire to protect morals." (Read "The Brilliance of Sacha Baron Cohen: More Than a Comedian...
Back in early January, when Barack Obama was still President-elect, two of his chief economic advisers - leading proponents of a stimulus bill - predicted that the passage of a large economic-aid package would boost the economy and keep the unemployment rate below 8%. It hasn't quite worked out that way. Last month, the jobless rate in the U.S. hit 9.5%, the highest level it has reached since 1983. (See 10 ways your job will change...
...stimulus bill was on track. This past weekend, the President rejected calls for a second stimulus package, saying the current stimulus needs more time to work, since only a small fraction of the money has been spent. From the beginning, the Administration has said that much of the boost to the economy from the stimulus plan would not come until the second half of this year. Administration officials have also insisted that it's unfair to judge the effectiveness of the stimulus by projections they made back in January since the recession has turned out to be worse than what...
Some Russians opposed to Putin believe a pointed display of respect by Obama could boost Medvedev. That, they say, would make it easier for the Russian President to distance himself from Putin's ironfisted policies. It may, of course, be wishful thinking to believe that Medvedev can ever really be his own man, much less that he can put aside the suspicion of decades and forge a real partnership with the U.S. But it's worth a try. For this truth hasn't changed since the end of the Cold War: when Russia and the U.S. don't get along...