Word: congression
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Alaskan Senator Ted Stevens has been known for decades as one of the most effective pork-barrel politicians in Congress. In his four decades in the Senate, he has helped funnel money to his home state for everything from volcano research to salmon fishing to the infamous "bridge to nowhere," work that has made been him beloved by his constituents but fiercely criticized by his opponents...
...seem like peanuts now. Second, it is a program that would create jobs and strengthen the economy. The next President will have to argue that any new policy program will be an investment in economic growth. Given the budgetary realities, it will be easier to get money through Congress for energy programs that produce tangible results - like building windmills (or nuclear plants) - than for complicated regulatory regimes to control carbon emissions...
...McCain's dramatic promise to suspend his campaign until the crisis is resolved in Congress was on one level a heady attention-grabbing move, but it could also be viewed as a gamble in the face of political necessity. His poll ratings have sunk noticeably in recent days, as voters leaned toward the Democrats in a time of economic worry. The suspension was designed in part to commandeer an issue that has belonged to Obama and to try and show above-the-fray bipartisan leadership of the kind independent voters appreciate...
...global economy might be reeling from the shakeout on Wall Street, but two of the world's richest businessmen are vowing to spend tens of millions of dollars more - not on bolstering their own companies, but in helping the world's poorest. With Congress locked in talks over a mammoth bailout package, Bill Gates and Howard Buffett (Warren's oldest son) announced at the United Nations on Wednesday that their private foundations will plow more than $75 million into helping small farmers in Africa and Latin America to sell their crops as food aid - a move which could potentially overhaul...
...Politics is partly to blame. U.S. laws state that the $1.5 billion or so in food donated yearly by the United States - the world's biggest food donor - must be grown by American farmers and shipped on U.S.-flagged vessels, despite costing billions of dollars. "Congress has been very protectionist about its food-aid program," says Gawain Kripke, policy director of Oxfam America, which has pushed hard for changes in the U.S. laws. "The U.S. is a massive contributor of food aid, but a very inefficient...