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...State workers are - yet again - being told to stay home. The National Park Service is threatening to take back parks it gave to California should the state try to save money by closing them. Taxpayers are getting IOUs in the mail instead of refund checks since there's no cash to pay them what they're owed. You can now buy the IOUs on eBay...

Author: /time Magazine | Title: After California: Which States Are in the Most Peril? | 7/8/2009 | See Source »

...While Perry works the command center to ensure what she hopes will be a "peaceful, well-run, seamless operation," she and her colleagues will have to come up with an answer to how the cash-strapped City of Los Angeles will eventually foot the event's large public bill. The councilwoman would not hazard a guess of what the memorial would cost, but she did use last month's Laker Pride parade as a yardstick, which was estimated to run a tab of about $2 million. Other estimates listed the Jackson total price tag at $2.5 million...

Author: /time Magazine | Title: L.A. Gears Up for Star-Studded Michael Jackson Memorial | 7/7/2009 | See Source »

...encouragement goes, nothing is quite as persuasive as cash. Reilly and Herrgesell contend that only a small percentage of Americans will ever really go green for green's sake - and utilities will surely resist top-down efforts to get them to sell less electricity. But by appealing to our checkbooks instead of our conscience, My Emissions Exchange might help reduce U.S. carbon emissions better than a stack of hectoring environmental reports. "We're betting that people will respond to a positive incentive and get paid to reduce," says Herrgesell. (See pictures of the world's most polluted places...

Author: /time Magazine | Title: Getting Your Slice of the Cap-and-Trade Pie | 7/7/2009 | See Source »

...believe that his own doctor is this focused on the bottom line. While data indicate that up to 30% of U.S. health-care spending is for unneeded and even dangerous treatments, the truth is that most doctors aren't purposely ordering up tests or treatments just for the cash. "The system is asking them to do what's right for a system that lives off of excess, as opposed to what's right for the patient," says De Brantes. See pictures from an X-ray studio...

Author: /time Magazine | Title: Cutting Health-Care Costs by Putting Doctors on a Budget | 7/6/2009 | See Source »

...running full speed into a minefield with any efforts to change their behavior. Physicians will accuse politicians of getting in the way of the doctor-patient relationship; devicemakers will say a "bundled" fee structure will force providers to use cheap, outdated equipment; and hospitals, already strapped for cash, will resist any reform that decreases their reimbursements...

Author: /time Magazine | Title: Cutting Health-Care Costs by Putting Doctors on a Budget | 7/6/2009 | See Source »

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