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At some point, most economists argue, the U.S. will have to balance its budget and repay what it has borrowed to fund the spending spree. That will most likely mean reducing outlays and raising taxes in the future. But neither presidential candidate can convincingly argue that a balanced budget is...

Author: /time Magazine | Title: Spend, Baby, Spend: US Budget Deficit to Soar Again | 10/20/2008 | See Source »

Powell informed neither candidate in advance about what he was going to say.

Author: /time Magazine | Title: Powell's Endorsement: Months in the Making | 10/20/2008 | See Source »

By 1984, New York's newly-appointed Archbishop John O'Connor had already spent much of his short time in the position taking on the state's two most prominent Catholic Democrats: Governor Mario Cuomo and Vice Presidential-nominee Geraldine Ferraro. By the time the dinner rolled along, tensions between...

Author: /time Magazine | Title: How Catholics Are Judging Obama and the Democrats | 10/18/2008 | See Source »

Pro-life Catholics have also spoken out to argue that Obama's support for an abortion reduction strategy - which he mentioned in both his acceptance speech and in the third presidential debate - makes him a more "pro-life" candidate than McCain. The GOP's single focus on overturning Roe, they...

Author: /time Magazine | Title: How Catholics Are Judging Obama and the Democrats | 10/18/2008 | See Source »

In a year like 2008, when the economy trumps social issues, Catholics are most likely to return to their roots in the Democratic Party. And that's particularly true when they hear fellow Catholics arguing that Democrats reflect their religious values. McCain may have gotten a longer standing ovation on...

Author: /time Magazine | Title: How Catholics Are Judging Obama and the Democrats | 10/18/2008 | See Source »

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