Word: plan
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...President-elect Barack Obama admitted as much in a major speech on Thursday, making the case for Congress to act quickly on his plan, dubbed the American Recovery and Reinvestment Plan. "There is no doubt that the cost of this plan will be considerable," he said. "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, for that will lead to an even greater deficit of jobs, incomes and confidence in our economy." (Read Obama's full remarks...
...qualms about the debt take a backseat to worries about a depression, the scope of the stimulus plan has grown to include everything from expanding Pell grants for college students and health care for the unemployed to investment in renewable energy. Instead of temporary measures meant to prop up the sagging economy over the next two years, much of what has been proposed looks like a laundry list of Obama campaign promises. If the plan is passed, Obama will get, in one fell swoop, a running start on large swaths of his long-term agenda, the ultimate cost of which...
...asked repeatedly what initiatives he would cut given the increasingly bleak economic reality. His responses then were suitably vague, and it turns out the answer appears to be: very few. Instead, most of those programs (and their price tags) are being added to the American Recovery and Reinvestment Plan, all in the name of fixing the economy...
...such as wind, solar and hydroelectricity. He would also double the funding for the Manufacturing Extension Partnership, a program slashed by Bush that seeks to make U.S. manufacturing more efficient by using new technologies. These are two small pieces of the President-elect's massive $150 billion green-jobs plan he touted on the campaign trail that is expected to come later this year or next...
Bottomless Breakfasts. If breakfast is your meal of choice, IHOP is offering a 2009 Hungry Consumer Relief Plan - customers can order all-you-can-eat pancakes starting at $4.99. You'll be served three at a time until you cry uncle. Through...