Word: careful
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Dates: during 2000-2009
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...union pensions at GM, Chrysler and Ford appear safe. But starting in January 2010, the union will become partially responsible for the VEBA, which now oversees and funds retiree health care. The resources devoted to the VEBA have been badly depleted by the bankruptcies at GM and Chrysler, creating doubts about how long they can sustain current benefit levels. The danger is that with thousand of union members retiring early in the past three years, the $21 billion in VEBA assets could be drained before the retirees qualify for Medicare...
...proposal to slap a 5% tax on wrinkle fillers, Botox shots, breast implants and other elective cosmetic medical procedures as part of President Obama's health care reform package is raising disapproving eyebrows among some groups. A coalition of plastic surgeons, a women's group, medical associations and pharmaceutical makers were distraught when Senate majority leader Harry Reid slipped the so-called Botax levy into the health care bill late last month in hopes of raising $5.8 billion over the next 10 years. The tax would apply to elective but not reconstructive plastic surgery and cosmetic procedures...
Still, Congress faces a heavy burden in searching every nook and cranny for ways to fund the health care reform bill's $849 billion price tag. Jim Manley, a spokesman for Senator Reid, dismisses suggestions that women are being targeted and notes that Senators are looking everywhere for ways to fund the bill. "There was a point a few weeks ago when Senator Reid needed some additional revenue for this bill - the goal was to keep all the financing within the health care arena, and in the end, he decided to include this provision in the bill," says Manley...
...coined the phrase "axis of evil" - honored his intellectual principles by standing up against the radical excesses of his party's demagogues. Let's hope that other honorable conservatives rise to join Frum and Graham in rebuilding an intellectually supple and civil, and essential, Republican Party. (No health care reform Teddys will be issued until the final vote, although Senator Ron Wyden of Oregon certainly deserves one for his bipartisan efforts over the years, the most creative work on health reform that I've seen.) (See TIME's "Making of America" cover story on Teddy Roosevelt...
...despite such variations, the report reveals one common thread: Muslim citizens have much the same outlook as non-Muslims in Europe. Like their neighbors, they care about everything from education and housing to cleaner air and safer streets. And they want the same rights and opportunities. "Communities, regardless of faith, have largely the same concerns," says report director Nazia Hussein. "Where they differ is how they are treated and viewed...