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Dates: during 2000-2009
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...renewal of popular research and development and other soon-to-expire business tax breaks and a permanent elimination of the estate tax, among a long wish list of tax provisions. The AFL-CIO, the nation's largest umbrella union, would like to see aid to struggling states to help avoid layoffs of teachers, police and public employees and upwards of $500 billion more in targeted infrastructure and green-jobs investment. It proposes paying for this by instituting a stock transaction surcharge of 0.25% per trade - a move vehemently opposed by Wall Street, business groups, House Speaker Nancy Pelosi...

Author: /time Magazine | Title: Congress Looks Toward a Jobs Stimulus | 12/3/2009 | See Source »

...credit per new hire for small businesses, an idea that was dropped from the first stimulus because it would've been too easy for employers to manipulate by firing and rehiring workers. House Financial Services Committee chairman Barney Frank has proposed a $2 billion fund to help homeowners avoid foreclosure. In the Senate, Virginia's Mark Warner wants to use $50 billion in leftover bank-bailout funds for small-business loans (as of the end of October, the so-called TARP program still had $300 billion left). And Senator Jack Reed, a Rhode Island Democrat, has taken inspiration from Germany...

Author: /time Magazine | Title: Congress Looks Toward a Jobs Stimulus | 12/3/2009 | See Source »

...these jobs provisions will get loaded on the back of the annual defense appropriations bill - typically the last bill passed in the year. After all, almost no member of Congress is willing to vote against funding the troops, even if some of that money finds its way back to help civilians at home...

Author: /time Magazine | Title: Congress Looks Toward a Jobs Stimulus | 12/3/2009 | See Source »

...than 80% of Irish people said they attended Mass at least once a week. But the country's relationship with the church began to change dramatically in the mid-1990s. When Ireland's economy took off, disaffection replaced devotion among young people. The priest sex-abuse scandals didn't help. Criticism over the handling of the case of Father Brendan Smyth - a priest who sexually abused children for more than 40 years - even led to the collapse of the Irish government in 1994, when Prime Minister Albert Reynolds delayed extraditing Smyth to Northern Ireland to face child-abuse charges. (Read...

Author: /time Magazine | Title: Why Ireland Is Running Out of Priests | 12/3/2009 | See Source »

Inevitably, the scandals have made it harder to attract new men. Father Brian D'Arcy, superior of the Passionist Monastery in Enniskillen, Northern Ireland, says the only way to reverse the trend may be to relax long-standing rules. "Of course it would be a big help if priests were allowed to marry or if we could ordain married men," he says. "Good men are being driven out by foolish [rules]." [rules]," D'Arcy says. (Read a brief history of celibacy...

Author: /time Magazine | Title: Why Ireland Is Running Out of Priests | 12/3/2009 | See Source »

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