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President Obama may have left jaws hanging with his proposed $3.8 trillion budget for the fiscal year 2011 - which forecasts a stunning $1.6 trillion deficit - but he's hardly the only member of the "spend now, pay later" club. Across Europe, governments have gotten so used to embracing debt during economically tight times such as these that some experts are starting to wonder if they will get back to viable deficit levels - much less balanced budgets - anytime soon...

Author: /time Magazine | Title: The U.S. Is Not Alone — Europe's in Debt Too | 2/2/2010 | See Source »

Doing Well by Doing Good So Hollywood took keen notice of the recent breakthrough of The Blind Side, an inspirational that in two months has earned around $230 million at the domestic box office on a paltry $29 million budget. It's the story of NFL rookie Michael Oher and the wealthy white woman who eight years ago saved the young Michael from a forlorn life on the streets, adopted him and encouraged him to play football. A canny mix of violent sports (for the guys in the audience) and do-gooder heart (for the women), The Blind Side...

Author: /time Magazine | Title: Extraordinary Measures: Sentiment Makes a Comeback | 2/1/2010 | See Source »

...consensus began to form. "The lesson learned from the stimulus vote was our members felt comfortable in taking that political risk against a popular President if we had a credible alternative, and we did," Cantor says. Critics will surely debate just how credible those alternatives really were - their budget proposal, for instance, would have done away with Medicare. But the GOP came up with enough proposals of their own to give Republicans cover to vote nearly unilaterally against the stimulus, the budget, the climate-change bill and, of course, health care reform. (See a review of Barack Obama's first...

Author: /time Magazine | Title: Can Republicans Win Big as the Party of No? | 2/1/2010 | See Source »

Berryessa, who is working on a secondary concentration in Mind/Brain/Behavior, hopes to work for the behavioral analysis unit of the real FBI one day. Unfortunately, the FBI wasn't hiring interns this summer due to budget cuts...

Author: By Xi Yu, CRIMSON STAFF WRITER | Title: CSI: Harvard | 1/30/2010 | See Source »

...have enough resources for rebuilding more, wealthy governments will have to make sustained commitments. What is needed is a Marshall Plan for Haiti that tackles problems comprehensively and allows the rebuilding of both physical and public institutions. As citizens, we must not forget that our government’s budget ought to reflect our priorities, and the outpouring of donation and support for Haiti should be seen as a reflection of Americans’ political willingness to support reconstruction. As political agents, we must ensure that our government is held accountable, and that for once Haiti be supported...

Author: By Michael Henderson and Krishna Prabhu | Title: Harvard for Haiti | 1/29/2010 | See Source »

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