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...measures). Two other annual thorns - Band-Aid fixes for a middle-class tax hike known as the alternative minimum tax and an ever growing increase in fees paid by Medicare to doctors - could see permanent solutions next year, though such moves would require a serious look at the tax code and reforming entitlements, both tall orders. "These are big problems. I think these are core policy issues, and having them out there so the public understands and can help build momentum to get these things done is critically important," says Senator Maria Cantwell, a Washington State Democrat. "It helps show...

Author: /time Magazine | Title: Congress Lays Ground for 2009 | 7/29/2008 | See Source »

...that the candidates don't want to talk about the economy or the federal budget. In recent weeks, they've been doing a lot of that. But they speak in words that don't really mean much. "I will reform our tax code so that it's simple, fair, and advances opportunity," said Obama at a rally in Raleigh, N.C. "American workers and families pay their bills and balance their budgets, and I will demand the same of the government," declared McCain at a speech in Denver...

Author: /time Magazine | Title: The Candidates' Tax Plans: Fuzzy Math | 7/28/2008 | See Source »

...voluntary code sketched out Thursday fails to curb piracy sufficiently, regulation could still follow. One possibility: the government could force ISPs to install fancy filtering software that blocks illegal file sharing activity. Measures recently proposed in France take an even stricter line: as part of an agreement reached last year - and due before the country's parliament this fall - ISPs could be required to switch off offending accounts for up to a year...

Author: /time Magazine | Title: British Net Firms in Music Piracy Deal | 7/24/2008 | See Source »

...executive branch, accompanied its damning report on life in the Balkan nation today with the announcement that it is freezing E.U. aid worth nearly $790 million, stripping two Bulgarian agencies of the right to manage E.U. funds, and will order Sofia to write a new penal code to deliver more effective justice. "The fight against high-level corruption and organized crime is not producing results," the Commission said in its report. "Corruption and fraud is affecting the delivery of E.U. financial assistance ... A clear strategy to cleanse the system is needed." A separate report by the Commission's anti-fraud...

Author: /time Magazine | Title: Brussels Beats Up On Bulgaria | 7/23/2008 | See Source »

...good deal of attention to clothes and carriage. Lena's grandmother Cora was a college graduate--uncommon even among white women of her time. Her grandfather Edwin was an alternate delegate to the 1884 Republican Convention, as well as a teacher, journalist and entrepreneur. He spelled out the code of the emerging black bourgeoisie: ''To be the full equal of the white man, there are two particular things we need--education and wealth.'' For most of the Hornes, Buckley says, ''racism seemed the only bad fairy at the family party. One could imagine that if it were not for race...

Author: /time Magazine | Title: DANCING PARTNERS OF CHIC THE HORNES: AN AMERICAN FAMILY by Gail Lumet Buckley; Knopf; 262 pages; $18.95 | 7/21/2008 | See Source »

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