Word: request
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...Still, even small differences can cause major rifts in families, and the competing budgets suggest the challenges Obama's agenda faces. Both the House and Senate, after all, removed Obama's $250 billion-$750 billion placeholder request for more bank bailout funds. And they both slashed the Administration's proposed 10% increase in nondefense discretionary spending (for education, environment and health initiatives, among other things), to 7% in the Senate and 7%-9% in the House. The Senate stripped the President's signature middle-class tax cuts, known as "Making Work to Pay," of $400 for individuals...
...Republicans latched on to the gap between Obama's budget request and the Democratic caucus' counteroffer as evidence that Obama's budget is "so far out of the mainstream" that even members of his own party won't support it, said Representative Eric Cantor, the No. 2 Republican in the House. Almost all Republicans in both chambers oppose the budget, though there are a few moderates still making up their minds. "I intend to listen, and I intend to be willing to think about things," Senator Arlen Specter, a Pennsylvania Republican, told reporters on Wednesday...
...extraordinary request that the Treasury be given plenary powers over the fate of a broad spectrum of financial firms would put it in a position where it could be judge, jury, and executioner in a case like...
Geithner's request has its roots in the idea that the Treasury has more wise men than the balance of the federal government does, at least when it comes to fixing broken markets. Since the Treasury's policies are based on the whims of the Secretary, what Geithner is really saying is that he and he alone has the intellect and background to prevent future failures like AIG from happening again...
...border. Drug-related violence in Mexico has gotten so bad that it is now spilling over into states such as Arizona, which has suffered a rash of kidnappings and ransoms. (Arizona's 370-mile border with Mexico serves as the gateway for nearly half of all smuggled marijuana.) Texas' request for National Guard protection from Mexican drug crime prompted Director of National Intelligence Dennis Blair to declare last week that the Mexican government had lost control of its own territory. President Felipe Calderón responded by pointing out that his nation shared a border with "the biggest consumer...