Word: budgets
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...stiff competition from a flurry of neighboring states, such as Pennsylvania, Delaware, West Virginia and Maryland, that have been expanding their gaming operations beyond slot machines to include table games. At the same time, other states, such as Massachusetts and Rhode Island, are expected to legalize gambling to fill budget shortfalls...
...changes on which Republicans would have voted “Aye.” Instead, the Democrats chose to pass along party lines a 2409-page bill, with an additional 153 pages of amendments, dictating from Washington how to operate 16 percent of the economy. According to the Congressional Budget Office, the bill calls for $938 billion in spending over the next decade. Where will the nearly $1 trillion in spending be funneled...
...bickering is set against the backdrop of the ongoing economic crisis, which remains the key issue for voters. Germany may be officially out of recession but Europe's biggest economy is struggling to get back on its feet. Unemployment is creeping up and public finances are deteriorating. Germany's budget deficit reached 3.3% of GDP in 2009 and is forecast to rise to more than 5% of GDP this year - far more than the 3% limit set by European Union rules. Add in worries that Berlin could end up bailing Greece out of its own financial predicament (so far Merkel...
...picture. "It certainly was not the best start," Wilhelm tells TIME. "It'll take time for the parties to come together." Despite the differences, it's crucial to "look at the facts." The government has passed "important legislation regarding tax incentives for businesses, agreeing on the 2010 budget and giving the green light for the biggest investment in research and technology." (See pictures about the dangers of printing money...
...Germans ... don't want to bail out the feckless Greeks with their flagrantly inaccurate official statistics; they resent being Europe's banker of last resort; they object to the universal demand that they plug the vast holes in the Greek budget deficit in the name of 'European unity'; and for the first time in a long time they are saying it out loud." --3/8/10...