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...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 of the banks are, in fact, paying it back," said McConnell...

Author: /time Magazine | Title: Calling for a New Stimulus, Obama Is Ready to Rumble | 12/9/2009 | See Source »

...Western money. The U.S. President's Emergency Program for AIDS Relief, known as PEPFAR, gave $285 million to HIV and AIDS programs in Uganda. Among the recipients was Ssempa's Campus Alliance to Wipe Out AIDS, which runs abstinence programs. The Campus Alliance is a subpartner of the Inter-Religious Council of Uganda, which got $15 million from PEPFAR. Meanwhile, Langa's Family Life Network has received money from the U.N.-backed Global Fund to Fight AIDS, Tuberculosis and Malaria, an organization principally financed by contributions from the U.S. and Western European nations. Despite the controversy over the bill, churches...

Author: /time Magazine | Title: On Scene: With Uganda's Anti-Gay Movement | 12/9/2009 | See Source »

...turns out, however, lawmakers are reluctant to cede the power to steer extra money to hospitals in their own districts, and the House rejected the commission idea outright. While the Senate bill does contain a version of the commission, it has become weaker at every turn in the process. Under a deal to win hospitals' support for the bill, the Senate Finance Committee agreed they would be exempt from the commission's recommendations at least through 2019; doctors, hospices and medical-equipment suppliers would be beyond its reach entirely. Who is left? Maybe no one. "The exception for hospitals...

Author: /time Magazine | Title: Health Care Reform: What Happened to Cost Controls? | 12/4/2009 | See Source »

...proposed jobs bill would subsidize 30 states that are unlikely to meet their annual highway commitments next year and would top off the Highway Trust Fund. Pelosi last summer had pushed for a $600 billion six-year highway reauthorization bill, but the Administration and Senate balked at raising gas taxes, which is how the bill is traditionally paid for. Instead, Oberstar and House Appropriations Committee chairman Dave Obey have suggested a smaller, Band-Aid program of $100 billion drawn from general Treasury funds, though Oberstar has also suggested using some of the leftover bank-bailout money. He still hasn...

Author: /time Magazine | Title: Congress Looks Toward a Jobs Stimulus | 12/3/2009 | See Source »

...just with health care reform. There are still five of the 12 appropriations bills to pass this year as well as a much-dreaded but necessary measure to raise the federal debt ceiling to $13 trillion. With all these must-pass bills lining up and an imminent sense that the spigot will soon be turned off, Democrats are starting to treat everything as a potential jobs bill. "The appropriations bills can also be looked at as jobs bills," says a Senate Democratic leadership aide. "There's money in them for projects that will create jobs." Indeed, if tradition holds, many...

Author: /time Magazine | Title: Congress Looks Toward a Jobs Stimulus | 12/3/2009 | See Source »

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