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Old 03-23-2011, 08:29 AM   #1
standard9755
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Default office Home And Student 2010 keygen Last Holdout G

Previous Holdout Governor Will Now Accept Stimulus Money Washington Post Staff Author
Saturday, April four, 2009

Sanford complied with yesterday's deadline for governors to seek out the cash allotted by Congress and President Obama within the $787 billion stimulus bill. Sanford, seen as being a probable presidential contender, has been by far the most outspoken of the handful of GOP governors who've criticized Obama's prepare. He repeatedly explained he would reject stimulus bucks given that he didn't believe the nation will want to go into financial debt to fund recovery efforts.
Despite his reversal,microsoft office Ultimate 2007 serial key, Sanford said he will not draw from a $700 million portion of the stimulus for education and law enforcement until he reaches a contend with South Carolina's Republican-controlled legislature to help shell out off many of the state government's debt.
Sanford advised reporters yesterday the stimulus represents "the lottery of all lotteries" and that state governments ought to spend a number of the revenue "prudently" by paying down debt. "We imagine it is incredibly important to spend first for the political promises that are on the table before you go out and make a bunch of additional political promises,microsoft office 2010 pro plus serial key," he mentioned.
All 50 governors submitted certification letters to the White House claiming recovery funding. But some GOP governors -- including Haley Barbour of Mississippi,microsoft office 2010 Professional 32 bit, Bobby Jindal of Louisiana, Sarah Palin of Alaska and Rick Perry of Texas -- have reported they will turn away many of the profit, such as funding to expand state unemployment insurance.
South Carolina has an 11 percent unemployment rate, the nation's highest outside of Michigan, and will receive about $8 billion in aid, with about $2.8 billion going directly to the state government.
Sanford's move comes after weeks of battling with leaders in Washington and Columbia. Twice, the Obama administration rejected Sanford's requests to use the $700 million to repay financial debt, saying the money must be spent on public safety and schools.
Sanford's resistance to the stimulus put him at odds with House Majority Whip James E. Clyburn (D-S.C.),office 2010 Standard activation, who happens to be in talks with Education Secretary Arne Duncan about ensuring that South Carolina receives its share regardless in the governor's stance.
"Financial debt payment during an economic crisis is like water conservation during a house fire -- it worsens the condition,office Home And Student 2010 keygen," explained Kristie Greco, a spokeswoman for Clyburn. "When the economy begins to rebound, we can return to paying down financial debt."
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Old 03-23-2011, 08:34 AM   #2
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