Word: trillions
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Dates: during 2000-2009
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...during the campaign. "One thing reporters aren't asking the Administration is - it's such a simple question, and people around here in the real world, outside of Washington, D.C., want reporters to ask - President Obama, how are you going to pay for this one- or two- or three-trillion-dollar health-care plan? How are you going to pay off the stimulus package, those borrowed dollars? How are you going to pay for so many things that you are proposing and you are implementing? Americans deserve to know...
...today or not, he's going to. One thing reporters aren't asking the Administration is - it's such a simple question and people around here in the real world, outside of Washington, D.C., want reporters to ask - President Obama, how are you going to pay for this $1 [trillion] or $2 [trillion] or $3 trillion health-care plan? How are you going to pay off the stimulus package, those borrowed dollars? How are you going to pay for so many things that you are proposing and you are implementing? Americans deserve to know what the plan is to fund...
Also weighing on the dollar: investor concerns that to balance a budget deficit expected to swell this fiscal year to $1.85 trillion - equal to 13% of the country's GDP, a level not seen since World War II - the Federal Reserve could simply resort to printing more money, further flooding the markets with dollars. While the central bank said on June 24 that it had no plans to expand its purchase of government or mortgage bonds beyond the $1.2 trillion earmarked for the purpose in March, not everyone is convinced. "There is always the nagging concern that if this...
...move away from the dollar as the world's reserve, the proposal for a "super-sovereign" coin nudged down the greenback vs. a host of major currencies. That may have been a tad more impact than Zhou was seeking: with something like two-thirds of China's roughly $2 trillion of foreign-currency reserves held in dollars, the lower a buck goes, the less China's vast pot of cash is worth...
...lawmakers continue to struggle to find a way to pay for a health reform that could cost $1 trillion or more over the next decade, Barack Obama seems to be opening the door a little wider to an approach he soundly rejected when John McCain proposed it during last year's presidential campaign: taxing the health benefits that employers provide their workers. "This argument has evolved," he said Wednesday at a town-hall meeting on health care in Annandale, Va. And it appears that Obama...