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...California At Long Last, a Budget Deal Weeks of deadlocked negotiations came to an end on July 20 when California Governor Arnold Schwarzenegger and legislators announced they had reached an agreement to close the state's $26.3 billion budget shortfall. The deal employs a combination of shifted funds, massive borrowing and more than $15.5 billion worth of cuts to major government programs. Comparing the budget sessions to a "suspense movie," Schwarzenegger thwarted a request by state Democrats to raise taxes and said the $12.9 billion hike in February was enough. Having issued some $680 million in IOUs and put nearly...

Author: /time Magazine | Title: The World | 8/3/2009 | See Source »

...isolate sodium and potassium and saved countless lives by inventing a safety lamp for coal miners. He also studied the health benefits of nitrous oxide - laughing gas. Oh, to be a fly on the wall while Davy huffed 18th century whippits with Robert Southey and Samuel Taylor Coleridge, both close friends. After ingesting 100 (!) quarts (95 liters) of nitrous using a homemade gas chamber, Davy wrote...

Author: /time Magazine | Title: Science Feels Sexy in The Age of Wonder | 8/3/2009 | See Source »

...this year - the reception of the sixth installment of the boy wizard's story has been spellbinding. The film raked in almost $400 million worldwide in its first five days, breaking an industry record set in 2007 by Spider-Man 3 and bringing the franchise total close to $5 billion...

Author: /time Magazine | Title: The Moment | 8/3/2009 | See Source »

...interdisciplinary community at Harvard in systems biology—a field that brings together biology with engineering, mathematics, computer science, and physics. Kirschner compares systems biology to engineering: “When we ask how an airplane can fly stably in all different kinds of conditions, we are close to the kind of question of how the human body in various environments can also avoid crashing...

Author: By Bonnie J. Kavoussi, CRIMSON STAFF WRITER | Title: King, Kirschner Named University Professors | 8/3/2009 | See Source »

...California is not alone. Budget gaps are forcing officials in just about every state to scale back hours, reduce services and close even some of their most popular tracts of open space. But rather than panic, park officials are looking for alternative approaches to funding what was once exclusively paid for by the government. "After years of suffering budget cuts and scrambling for strategies to make ends meet, it's almost like parks people have had enough," says Phil McKnelly, executive director of the National Association of State Park Directors, an industry group in Raleigh, N.C. "People finally realize there...

Author: /time Magazine | Title: State Parks Look for Ways of Surviving the Budget Ax | 8/3/2009 | See Source »

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