Word: provisionally
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Dates: during 2000-2009
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The Senate is now trying to work into law a provision that would give people a $15,000 tax credit for buying a new home. This would substantially expand the cost of the bailout, if people are willing to take advantage of it. The average American who still bothers to...
There are three questions the conferees should ask about every provision in the package: Will it stimulate the economy quickly? Will it create long-term fiscal obligations? Also, is it something we ought to do anyway? We need to zap the economy with a big jolt of federal dollars, and...
In light of Kara's high-profile case, faith-healing communities around the country are worried about losing their right to treat their children according to their religious beliefs. "The way the law is worded right now is confusing and makes it seem like we have a shield to recklessly...
But the move is opposed by most Republicans, and Senate minority leader Mitch McConnell has demanded that it be stripped from the bill. Major U.S. companies like General Electric and Caterpillar have also opposed the provision, saying it will hurt their ability to win contracts abroad - and impose layers of...
The provision would also cost far more jobs than it created, according to a study by the Peterson Institute for International Economics in Washington. Although it focuses on iron and steel provisions, the "buy American" clause would save just 1,000 U.S. jobs because steel is very capital intensive, the...