Word: moneyitis
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...crafting a new stimulus plan less than a year after it passed a $787 billion spending package. And it's not as if that effort has been deemed a failure, or even completely used, for that matter. Less than $200 billion of it has been spent thus far, though money continues to go out the door at a steady pace. The Congressional Budget Office credits the bill with increasing U.S. GDP between 1.2% and 3.2% and estimates that it has created or saved between 600,000 and 1.6 million jobs...
...Another factor driving the calls for a second stimulus is that nearly 90% of the original stimulus money targeted for infrastructure projects will have been spent by May, and the Highway Trust Fund could be running a shortfall in June, says House Transportation Committee chairman James Oberstar. "[It] means, unless we do something about it, we'll start losing jobs instead of creating jobs in the construction sector," he says. For that reason, one part of a proposed jobs bill would subsidize 30 states that are unlikely to meet their annual highway commitments next year and would...
...these must-pass bills lining up and an imminent sense that the spigot will soon be turned off, Democrats are starting to treat everything as a potential jobs bill. "The appropriations bills can also be looked at as jobs bills," says a Senate Democratic leadership aide. "There's money in them for projects that will create jobs." Indeed, if tradition holds, many of 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...
Vincent Cushnahan, 29, currently the youngest diocesan priest in Ireland, knows how hard the decision can be. "I had to forsake married life, my own house, money," he says. "[Being a priest] can be more isolating and countercultural than it has been in the past. It's more challenging, but also more rewarding because of that...
...freedom is not total. Those who leave the camps will have to return within the time period they indicated before going, and they must give details of where they are staying to camp administrators. Dharmeshwaran went to Vavuniya to find a temporary job. "I can earn some money when I get back," he says. The camps provide basic supplies, but "if we want to buy anything extra it is very expensive." Others had come out to seek medical treatment, locate relatives or meet family members in government run rehabilitation centres for former Tigers...