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...form of tax cuts - the preference of Republicans - including rebates for individuals and business investment. That disclosure has already sparked grumbling among more liberal Democratic activists. Some parts of the stimulus package, like a possible extension of unemployment benefits, will prove to be politically popular. But a large chunk of the spending will come in the form of federally funded infrastructure investment, the sort of spending that is typically doled out by powerful lawmakers, often to their home districts, in exchange for political favors - what most of America calls political pork...

Author: /time Magazine | Title: Obama Gets Ready for His Washington Closeup | 1/5/2009 | See Source »

...cost of sending a single soldier to fight for a year in Afghanistan or Iraq is about $775,000 - three times more than in other recent wars, says a new report from the private but authoritative Center for Strategic and Budgetary Assessments (CSBA). A large chunk of the increase is a result of the Administration's cramming new military hardware into the emergency budget bills it has been using to pay for the wars. (See pictures of U.S. troops in Iraq...

Author: /time Magazine | Title: The $1 Trillion Bill for Bush's War on Terror | 12/26/2008 | See Source »

...forget the festive sweater he'll never wear, or the politically incorrect diamond she'll feel guilty owning. Instead, give your honey the world, or at least to a small chunk of it. Now's the time to take advantage of cheap hotel and airline deals for the new year - and plan a present your partner won't soon forget...

Author: /time Magazine | Title: Love Your Partner? Send Him Away! | 12/26/2008 | See Source »

...creation. It applies to the very first dollar earned by a minimum-wage worker, but most of it tops out at an annual income of about $100,000 and doesn't apply at all to income from investments. For most Americans holding jobs, FICA now takes a bigger chunk of their income than the income tax itself. And yet it rarely enjoys the tender concern of tax-cutting Republicans, who prefer to concentrate on tax breaks for capital gains. Cutting the FICA tax in half, for workers and for employers, would make it more affordable for employers to hire...

Author: /time Magazine | Title: Black Gold: It's Time to Raise the Gas Tax | 12/11/2008 | See Source »

...that, after all these years, we were certain was built somewhere in the catacombs of Axl’s skull. What we expected was the sound of Siddhartha playing a solo conceived from the empyrean bliss of the all-being. What we got was an exceptionally slick, exceptionally boring chunk of self-indulgence that GNR could’ve spit out in 1993 and saved itself the effort. Not for its sheer magnitude could it even be crazier than “808s and Heartbreak.” Lunacy, thy name is Kanye. —Ryan J. Meehan...

Author: By Ryan J. Meehan, CRIMSON STAFF WRITER | Title: Top Five Aggressively Insignificant Artifacts of 2008 | 12/11/2008 | See Source »

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