Word: trillion
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...presidency, more legislation would likely be enacted; not only does the Republican agree with Democrats on key issues such as global warming, immigration and stem-cell research, but he has spent nearly three decades in the Senate. McCain has said that if elected, he would move to pass $1 trillion in corporate tax cuts and make Bush's income tax cuts permanent, cut wasteful government spending and pass a gas tax holiday, and seek to allow offshore drilling to help ease the energy crisis - almost none of which has support from Democrats. Obama has said he would pass...
...brainchild of ex-Google staffer Anna Patterson - who developed the TeraGoogle indexing system that Google still uses today - and her husband Tom Costello, who developed search engines at Stanford and IBM. Cuil indexes some 120 billion Web pages. (Google, on the other hand, claims to scan more than a trillion pages, but only indexes those that are useful, according to the company.) The Cuil team generated so much buzz for its venture that it managed to raise some $33 million in financing. But the acid test of any search site is the results it generates, and for now, anyway, Cuil...
...expect McCain to change his rhetoric on the stump. That's not how this game is played. On Wednesday, the Obama campaign put out a press release claiming that McCain's economic plan was "$2.8 trillion more expensive than his advisers previously admitted." These were ominous words, playing into the old story line about Republicans using budget gimmickry. But the statement was largely based on an interpretation of a tax plan - for an optional alternative income-tax system, with a flat rate - that McCain has never described in detail, let alone with enough specificity to gauge. And it uses...
...this activism comes at a price. The Fed's rate cuts have fueled inflation and undermined the dollar, now trading at about $1.60 to the euro. The Treasury's willingness to backstop Fannie and Freddie, which together are on the hook for $5.2 trillion in mortgage debt--just slightly less than what the U.S. government owes investors--is already sparking a bit of worry about the soundness of T-bills and bonds. With more bailouts, that worry could snowball...
...course, after Gramm let slip his inconvenient truth, McCain publicly rejected the notion that our economic pain is in our heads. So did Barack Obama, who quipped that America doesn't need another Dr. Phil. They've got a point too. Unemployment, inflation, a $9 trillion national debt and $4-per-gal. gas are very real phenomena. It's no mere figment of our imagination that prices are rising at their fastest rate in 27 years. It also just so happens that IndyMac really was dangerously overextended. The panic was ultimately justified...