Word: capitols
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...Medicare surpluses were only beginning to be heard by voters when the terrorists struck. After 9/11, Americans accepted that the country had to move to a wartime footing and that budget deficits would have to return to fight both Osama bin Laden and the recession. Republican strategists on Capitol Hill tell me their polls still show that the deficits Bush is proposing the next two years are barely raising a blip on the public radar screen...
...impossible to find anyone on Capitol Hill these days opposed to new protections for 401(k)s. No members of Congress want voters to think they don't care about Enron employees who watched their retirement savings disappear into a black hole of creative accounting. Talking of how his mother-in-law lost $8,000 in Enron stock, President Bush put together a Cabinet team to study the issue. Senators Barbara Boxer and Jon Corzine are pushing a bill that would limit the amount of an employer's stock in its 401(k) plan and ease restrictions on how soon...
...harsh calculus of public-school budgets, that means electives like PE or chorus could be the first to go. In inner-city schools, the cuts can be even less kind. For Deborah Holmes, the principal at Jefferson Junior High School, just a few blocks southwest of the U.S. Capitol, the choice was between buying more computers and doing something to raise her students' scores. In the end, Holmes opted for a $21,000 contract with The Princeton Review, reasoning that her students would become more computer literate by spending much of their time taking online practice exams...
Hamid Karzai spent his week huddling with President Bush and Prime Minister Tony Blair and being feted on Capitol Hill as a symbol of U.S. success in Afghanistan. But back home, events on the ground offered a cruel reminder that Karzai is an acting president without a state...
...bankrupt cruise company, its half-finished ships and taxpayers left holding the bill don't spell opportunity to you, you're just not ready for Capitol Hill. A $1.1 billion federal loan guarantee was pushed through Congress in 1999 to help American Classic Voyages build cruise ships in Senator Trent Lott's hometown of Pascagoula, Miss. The company hit the rocks last fall, citing a decline in tourism due to terrorism and leaving its debts unpaid and its ships at the dock. Republican Congressman Gene Taylor of Mississippi came up with a plan to solve this pork-barrel mess: more...