Word: congressed
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That may sound like a lot of money--Duncan plans to give his share to charity--but it's chump change compared with the kind of cash he gets to play with at work. The economic-stimulus bill passed by Congress in February included $100 billion in new education spending. Of that total, Duncan has $5 billion in discretionary funding. That money alone makes him the most powerful Education Secretary ever. "I had very little--in the single-digit millions," says Margaret Spellings, Duncan's predecessor. "That's millions, with...
...worst thing that will ever happen to him is when he and I meet in the room and I close the door.' ROBERT BENMOSCHE, the new CEO of AIG, referring last month in a closed-door meeting to New York attorney general Andrew Cuomo, who recently pressed Congress to release the names of the AIG employees receiving retention bonuses...
...remarks themselves are already legendary. During Obama’s address to the joint session of Congress on health-care last Wednesday, Wilson uncouthly interjected “You lie!” in response to the president’s (largely truthful) debunking of the notion that undocumented workers would receive coverage under any of the Democrats’ five proposed health-care bills...
...Following in McFiggin's footsteps, Mr. and Mrs. Alderson Muncy of Paynesville, W.Va., inaugurated the Kennedy-era program, buying a can of pork and beans on May 29, 1961, to help feed their 15-person household. The Food Stamp Act, making the program permanent, was passed by Congress in 1964; it swelled to a million recipients by 1966. Program enrollment and benefits continued expanding as national attention focused on the plight of the poor, especially in rural areas, spurred in part by the groundbreaking 1968 TV documentary Hunger in America. By 1975, nearly 20 million people were relying on food...
...major change to the program came in 1977, when Congress stopped requiring payment for food stamps and distributed them to all recipients for free (the price had steadily decreased over time, until it represented just a fraction of the face value). The move dismayed a number of observers, who had supported the program as a means to help the poor help themselves, not as a direct government handout (the Agriculture Department had insisted on selling food stamps for fear of undermining the dignity of recipients). The policy created a backlash - some middle-class shoppers indignantly complained that food-stamp users...