Word: budgetable
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...saying, in terms that are hardly subtle, that if its programs to improve the credit markets, the Treasury's plans to help banks and the auto companies, and the Administration's budget and stimulus package works, then the American economy will walk away from the worst recession in memory. It is a preposterous statement which implies that, left alone, the financial health of the country would be in ruins. The sole salvation of the production, housing, and employment sectors of the United States rests in very few hands, all of them in Washington. (See pictures of the global financial crisis...
...vanity of the Fed, the Treasury, and those building the budget in Congress and the Administration is not that they refuse to doubt that the fruits of their work will remake the economy; It is that they will not admit that the economy has even the smallest chance of remaking itself. That, in a phrase, is what is at the heart of the debate over how the recession will end and why. (See pictures of the Top 10 scared traders...
Time-shares allow buyers to lock in the cost of future vacations, which makes them appealing to budget-minded travelers, and they're a less expensive alternative to buying a second home. Las Vegas, Hawaii and Orlando, Fla., have seen the biggest buildup in inventory and are therefore the places most susceptible to discounting...
Darden Restaurants Inc., a firm based in Orlando, Fla., that runs nearly 1,800 Olive Gardens, Red Lobsters and other outlets, continues to dish out $100,000 in annual cash support to the local ballet, a 35-year-old outfit whose budget is under pressure. "Darden has been gold to us, absolute gold," gushes Sibille Pritchard, the Orlando Ballet's loquacious president, "when the climate for the arts is tough, very tough." Notes Darden spokesman Bob McAdam: "You can't give up on the arts. They're essential to the general welfare of the community...
President Bill Clinton spent his first 100 days bouncing between a series of blunders: unsuccessful Attorney General nominations, Hillary Clinton's failed health-care reform, "Don't Ask, Don't Tell" and the botched Branch Davidian raid in Waco, Texas. President George W. Bush presented a $1.96 trillion budget plan to Congress, created an Office of Faith-Based and Community Initiatives and halted federal funding for international organizations that offered family-planning services...