Word: plan
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...signs of wavering when the Congressional Budget Office projected Wednesday that even before any new spending, the federal deficit will top $1.2 trillion this year. As Obama summed it up in a speech at George Mason University on Thursday, "There is no doubt that the cost of this plan will be considerable. It will certainly add to the budget deficit in the short term. But equally certain are the consequences of doing too little or nothing at all." (Read Obama's full remarks...
...they make for one proposal or another are the product not so much of economics as of common sense, guesswork and ideology. The motley mix of tax cuts for families and business, aid to states, infrastructure spending, health-care spending and alternative-energy investment that constitutes Obama's stimulus plan is partly the product of campaign promises and political compromises. But it's also a good reflection of the current muddled state of economic thinking on stimulus...
...Arab states will be willing to go now to make peace with Israel is unclear. The Saudi-sponsored Arab Peace Plan, which offered Israel peace with 22 Arab countries if it withdrew to its 1967 borders, will remain on the table for Israel's new PM to consider. Even Syria, a prime supporter of Hamas, spent part of 2008 in indirect peace talks with Israel mediated by Turkey. But Syria has broken off its talks for now, destroying any chance that Damascus, on behalf of Israel, might put pressure on the exiled Hamas leaders residing there...
...Gaza remains unlikely. Instead, Hamas and Israel are bracing for another deadly round. No matter how many Palestinian families are destroyed in the crossfire, neither combatant is ready to accept the other's truce terms. Hamas leaders in Syria on Thursday announced their rejection of a Franco-Egyptian plan for a cease-fire...
...private broadcasting company were attacked in the middle of the night. "What has happened to Lasantha Wickrematunge today is an absolute atrocity," said Paikiasothy Saravanamuttu, executive director of the Centre for Policy Alternatives, a research group based in Colombo. He said the two attacks were linked, part of a plan to silence Sri Lanka's few independent media voices. "Those who are doing it want to stifle dissent and destroy democracy in this country...