Word: congressed
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...earthquake. These are "shovel-ready" infrastructure projects, and financial markets rallied on March 4 partly due to expectations - unfounded, as it turned out - that Chinese Premier Wen Jiabao would unveil a second round of stimulus measures on March 5 during the opening of China's annual National Party Congress in Beijing. (See pictures from the Beijing Olympics...
...fake constituents in California with unparalleled humility. According to the press release from his “office” Representative Jonathan Padilla D-California Winthrop has launched a website in order to “help inform my constituents about what I’m doing in Congress and how they can get involved in helping to make America a better place?...
...sciences reflects the Obama administration’s understanding that university-based research plays an important role in driving long-term economic growth and development. Neither the NIH nor the NSF provided comment regarding the timeline for allocating the funds yesterday. The decision depends on further instruction from Congress and the Office of Management and Budget, an NSF spokesperson said. Last year, University President Drew G. Faust testified before a Senate committee in favor of bolstering the NIH budget. Faust argued at the time that the 13 percent loss in real dollars of NIH funding...
...especially Treasury Secretary Geithner given his role, is working under the equivalent of an electron microscope that dramatically magnifies everything," says Rep. Jim McDermott, of Washington. "The Secretary's actions will speak much louder than his words and that is the ultimate test of reassurance the American People and Congress will judge him by. In the meantime, let's give the man a chance to lead...
...Still, Congress is already unhappy with the vast sums of money the government is plowing into financial sinkholes like Citigroup and AIG that have been deemed too big to fail, and Geithner may have a hard time persuading it to pony up hundreds of billions of dollars more if necessary, as he said on Tuesday it might be. When the Administration rolls out its more detailed bank-bailout plans in the next few weeks, Geithner will have another chance to salvage his reputation as a salesman. But the truth is, if the plans fail on their...