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...currently pending bill, congressional leaders set on Tuesday the provisional cap on indirect expenses—including administration, building upkeep, and utility costs—at 35 percent, marking an end to a nearly half-century-old tradition of negotiating these rates on an institution-by-institution basis, said Kevin Casey, Harvard’s senior director of federal and state relations...

Author: By Aditi Balakrishna, CRIMSON STAFF WRITER | Title: Scientists Confront Funding Shortages | 11/9/2007 | See Source »

...government is poised to cap reimbursement rates for overhead costs incurred by researchers working under Department of Defense grants—a change that could further limit funding for Harvard scientists already strapped for cash...

Author: By Aditi Balakrishna, CRIMSON STAFF WRITER | Title: Scientists Confront Funding Shortages | 11/9/2007 | See Source »

...Even Republican candidates sound like they accept the reality of climate change, and the major Democratic candidates have all released surprisingly aggressive plans on energy and carbon, including front-runner Hillary Clinton, who called on Nov. 5 for a cap-and-trade system that would cut carbon emissions to 80% of 1990 levels by 2050. She's in line with the rest of the Democrats, and it's fairly remarkable that a position that would have been considered extreme eight years ago - when a certain Nobel laureate was running for President - is now orthodox in the Democratic party. And even...

Author: /time Magazine | Title: Putting Money Where the Green Is | 11/8/2007 | See Source »

...selfless player; a few years ago Brady took a below-market paycheck so the Pats could surround him with above-market talent. While Manning's contract is much richer - $98 million, with a whopping $34.5 million signing bonus - he restructured it this off-season to save the Colts salary cap space. Manning's work ethic is universally admired, and he makes everyone around him a better player. And face it: though all those commercials overexpose him a bit, he is nothing if not likable...

Author: /time Magazine | Title: Why the NFL Is Still No. 1 | 11/2/2007 | See Source »

...very next question was about global warming. Obama laid out his rigorous cap-and-trade plan for reducing carbon emissions, but then he said, "One of the themes of this campaign is to tell voters what they need to hear, not just what they want to hear ... So I've got to tell you there will be a cost to this - and the utility companies will pass it along to consumers. You can expect a spike in electricity prices," although, he added, the new technology should ultimately bring those prices back down...

Author: /time Magazine | Title: Hit Her Again! | 10/31/2007 | See Source »

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