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...week, it showed how the war on terrorism has come home to roost. Both the Defense and Homeland Security departments get boosts, while many domestic programs for the poor, like vocational education and Medicaid, take a hit. Bush's aides portray him as Dr. No, turning down pleas from Cabinet Secretaries. But he's not standing in the way of two juicy repeals of taxes on the wealthy, scheduled to take effect next year. Here's a guide to the budget's winners and losers. --By Matthew Cooper and Massimo Calabresi...

Author: /time Magazine | Title: It's Your Money. He Just Spends It | 2/14/2005 | See Source »

...that I wasn't there to state my case--I was there to be told that he had decided to reverse himself. He knew that his decision was leaving me out on a limb, and he apologized for that, and he did so again in front of the entire Cabinet at its next meeting. He told me he believed, however, that the looming national energy crisis made it unwise to impose any additional environmental burdens on utilities. I believed the President could keep his promise without threatening the energy supply, by phasing the mandatory reductions in over a period...

Author: /time Magazine | Title: Book Excerpt: Losing the Green Light | 2/8/2005 | See Source »

...called in to make the proposal work." The idea, after all, was a pet project of Huang Ju, Shanghai's former Communist Party secretary. But since dreaming up his satellite scheme back in 2000, Huang has moved on to Beijing, where he is now a member of China's Cabinet...

Author: /time Magazine | Title: Ye Olde Shanghai | 2/7/2005 | See Source »

...Historically, approval ratings below 30% have meant a swift ouster for a Japanese Prime Minister. But it's hard to see this as the end of the Koizumi era. The PM has recovered from shallower depths before, helped by a shrewdly timed foreign trip here, a Cabinet reshuffle there. "I think he is preparing another diplomatic surprise," says Toshikawa, "and this one may involve mending relations with China...

Author: /time Magazine | Title: How Koizumi Lost His Groove | 2/7/2005 | See Source »

...happy about Abbas' trip to Sharm el-Sheikh, fearing it might actually hurt him in his fight against Hamas. "You need to put your own house in order first," says a Fatah chief. To do that, Abbas must deal with Prime Minister Ahmed Qurei, who refuses to cleanse the Cabinet of Yasser Arafat's cronies and opposes Abbas' pick for Interior Minister. Referring to the upcoming talks, Qurei told an aide last week, "I expect another Aqaba failure," likening the summit to one held in Jordan...

Author: /time Magazine | Title: Luring Abbas to the Talks | 2/6/2005 | See Source »

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