Word: programer
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...Though the President did not offer a cost - estimates on Capitol Hill have put the total bill at anywhere between $75 billion and $200 billion - he did justify the new spending by citing nearly $200 billion in unspent or returned funds from the Troubled Asset Relief Program, or TARP. "This gives us a chance to pay down the deficit faster than we thought possible and to shift funds that would have gone to help the banks on Wall Street to help create jobs on Main Street," he said...
...Obama, long past his Panglossian dreams of new Beltway comity, used fighting words because, quite frankly, he is trapped in a political tight spot, wedged between sky-high unemployment and lingering public worries over government spending. Almost 10 months after signing the $787 billion stimulus, the largest such federal program in U.S. history, he announced on Tuesday that the Federal Government needed to spend even more, a prospect that polls poorly, as concern about spending and the budget deficit continue to fester...
...broad strokes, Obama set out a framework for using more federal money to create jobs. In addition to the infrastructure piece, which aides said could cost as much as $50 billion, Obama proposed new incentives for consumers who retrofit their homes (a program some have already dubbed Cash for Caulkers), an elimination of the capital-gains tax for small businesses and extensions of several other programs from the last stimulus to help small businesses. He also said he would instruct the Treasury Department to use funds that have already been appropriated to increase the flow of credit to small businesses...
...President's logic is at odds with the initial premise of TARP, which was sold to Congress as a loan program that would be mostly paid back to the Treasury, where its proceeds would be used to pay down the deficit. "The $700 billion program we have proposed is not a spending program," former Treasury Secretary Hank Paulson explained before Congress in September 2008. It didn't take long for Republicans to take that position. "The stimulus money clearly was a spending bill. TARP was a loan - a loan to be paid back. And we know that a number...
...caught a train to Moscow and were housed at a resort outside the capital that is owned by the Russian State Technology University. "That's where all the students were taken. They treated us really well. We didn't pay for any of it," he says. Rehearsals for the program lasted two days and were organized by Putin's press service and producers from the state-owned Vesti television channel. "We had other questions, ones that were more relevant to us, about mining, about the education system and so on," Kryukov says. "Then it was decided that the question should...