Word: passed
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...will make it harder now for Merkel to act quickly to counter the growing economic and financial crisis. The grand coalition of CDU/CSU and SPD unites the biggest parties in the center and the left of the political spectrum and has until now wielded sufficient power to pass laws in the lower house of parliament and then rubber stamp them in the upper house, which represents the 16 federal states. But after Hesse, that cozy system is history...
...Capitol Hill more than four decades ago as an administrative assistant for the head of the House Transportation and Infrastructure Committee, Oberstar witnessed firsthand the pitfalls that President Kennedy encountered in trying to reverse the slumping economy in 1963. At the time, Kennedy "said to the Congress, You pass it, I'll sign it," Oberstar recalled on a recent morning in his Capitol Hill office. The only problem was, the infrastructure system wasn't set up for quick infusions of cash. The City of Grand Rapids, Minn., for example, asked for a modern water-treatment facility. "We said, 'Fine...
...Perhaps, then, it was a mistake to give even passing mention to a horn-tooting list of favorite achievements, like education reform, tax cuts and the expansion of Medicare. Maybe he was right to pass by the collapse of the economy with less passion than he devoted to the story of the father of a Marine killed in Iraq. He could hardly be accused of making a big deal about nonwar matters when he summed up the current crisis in a single sentence: "These are very tough times for hardworking families, but the toll would be far worse...
...since 1945. Unemployment stood at 7.2%, with 11.1 million Americans out of work. Financial markets around the world tumbled after the news--viewed as another sign that the U.S. recession appeared no closer to ending--while President-elect Barack Obama said he would move quickly after taking office to pass a stimulus plan...
...read on their laptops and smart phones more than they read on paper. Why pay $20 for a book, they ask, when you can download it for free? And these consumers will not suddenly become accustomed to buying books as they grow older; instead, they’ll pass this instinct on to their kids...