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...Plan B. In 2007, the Supreme Court ruled that greenhouse gases like CO2 could be considered pollutants and gave the Environmental Protection Agency (EPA) the power to regulate them under the Clean Air Act. Although that authority went unused in the waning days of former President George W. Bush's Administration, the Obama EPA has spent much of the past year preparing the groundwork for regulation. In the absence of a climate bill, the EPA has the power - and is legally mandated by the Supreme Court - to step in and address carbon emissions. (See pictures of the world's most...

Author: /time Magazine | Title: EPA Prepares to Take the Lead on Regulating CO2 | 2/23/2010 | See Source »

...don’t know what will cause the crisis, but after the fact it will be painfully obvious,” he had told the former President George W. Bush...

Author: By Monika L. S. Robbins, CONTRIBUTING WRITER | Title: Paulson Discusses Financial Crisis | 2/23/2010 | See Source »

...Take a look back at George W. Bush's economic missteps...

Author: /time Magazine | Title: How Will the Credit Card Act Affect Me? | 2/22/2010 | See Source »

...former Vice President, fired up and ready to go (in his own distinctively muted fashion), strode in unannounced and received a rowdy hero's welcome. As much as Bush-Cheney disappointed conservatives with their loose fiscal policy and assorted missteps, the right is now positively nostalgic for the good old days of the not too long ago. (See a stimulus report card after one year...

Author: /time Magazine | Title: Can Obama Fend Off the 'Failure' Attacks? | 2/22/2010 | See Source »

...fact, one prominent potential 2012 presidential candidate, former Massachusetts governor Mitt Romney, paid more homage to the Bush-Cheney legacy in his CPAC remarks than he typically did on the stump during his failed 2008 run for the White House. But the more important meme from Romney's speech - and the one that poses the most danger to the incumbent President and the Democratic Party - was the repeated claim that Obama already can be judged a "failure" in the job after just 13 months in office...

Author: /time Magazine | Title: Can Obama Fend Off the 'Failure' Attacks? | 2/22/2010 | See Source »

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