Word: delays
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...Because these funds were terminated a few days before Congress passed the mega-bailout bill, Minnesota's independent-college association sent a letter to its Congressional delegates warning that without government help, some schools would be unable to fulfill their payroll responsibilities this week. "Any further delay by Congress or the administration," they wrote, "will have immediate devastating effects on these institutions and the families they serve." The American Council on Education sent a similar plea to every member of the House of Representatives...
...didn't do the bailout? The consequences are the same whether we do the bailout or not. The difference is who pays for it. We're having a contraction from deflation of an asset bubble that was overpriced. We're just going through that cycle. With the bailout, you delay it, make it bigger and put it on your children. It's essentially delaying pain. Without the bailout, this generation pays for it and we know what the bill is. That money's not coming back...
...think a lot about statesmanship; they think about survival. Even if House Speaker Nancy Pelosi and House minority leader John Boehner wanted to unite their caucuses behind a bill they thought the country needed, they don't have the power of a Sam Rayburn or a Tom DeLay to ramrod their members into line. In fact, with dozens of Republicans facing stiffer-than-normal challenges this year and House Democrats enjoying a $40 million financial advantage, Boehner publicly refused to stiff-arm his backbenchers, and two-thirds of his caucus voted against the bill. And Pelosi, in a partisan speech...
...response to Palin's TransCanada plan, BP and ConocoPhillips started plans to build their own pipeline into Canada--and nobody thinks there will be two pipes. Palin's critics say that the gas team's inability to find a way to include the producers from the start could delay the project indefinitely...
...Hensarling is the current chairman (and Pence a former chairman) of the Republican Study Committee, a 100-plus-member group of fiscal conservatives in the House who helped sink the bailout bill on Monday. Pence challenged Boehner in the battle two years ago to replace Tom DeLay as minority leader but now says he is no longer interested in a leadership position, a sentiment echoed by Hensarling...