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...existing parental leave time, which is often unpaid. Now the White House is hoping to ease the financial strain brought on by the first few months of parenthood and sweeten the prospect of staying home with a baby. The proposal would provide state subsidies to new parents, who would collect at least part of their salaries while taking time off to care for a newborn or an adopted child. President Clinton's plan, which is essentially a bulked-up version of the Family and Medical Leave Act of 1993, would leave the particulars of payments and time limits...

Author: /time Magazine | Title: Forget Those Endless Board Meetings. Gear Up For 2 A.M. Feedings | 11/30/1999 | See Source »

...single gym-junkies are fair game, and conquests are sure to be discussed in the locker rooms. Flirtation tends to intensify during the 5:30-7:30 p.m. rush, although a few gym-junkies a little unclear on the picture always show up in the morning ready to collect digits...

Author: By Jordana R. Lewis, | Title: California Knows How to Exercise | 11/29/1999 | See Source »

Consumers have come to believe that automated teller machines should distribute cash. Banks believe that ATMs should collect some too--say, a $1.50 bite out of each cash withdrawal at a bank where you're not a customer. And that's just the first bite, because often when you make such a withdrawal, two banks can get into your wallet. The combined ATM fees can reach $3.50 or more. Such sums have now sparked a nationwide legislative brawl over profitable ATM surcharges...

Author: /time Magazine | Title: The War on ATM Fees | 11/29/1999 | See Source »

Wait, though. That's only the beginning. Estimates are that with no change in current policy Washington over the next 10 years will collect a mind-boggling $2.9 trillion more than it spends--$1.9 trillion in the Social Security trust fund, and $1 trillion as an excess of tax collections over spending for everything else the Feds do. The $1 trillion overage is the size of the entire federal budget in 1987 and, paradoxically, creates a problem for politicians that they have never faced before: How best to channel that torrent of cash...

Author: /time Magazine | Title: The Budget: Rolling In Dough | 11/29/1999 | See Source »

...wine collection is any indication, one can only wonder what must be in this euro-aesthete's art collection. Among the bottles up for bid this week are great trophy wines such as an 1811 Chateau Lafite and a 1945 Chateau Mouton Rothschild, as well as some of the finest and rarest young wines--bottles that an investor can bet will collect a premium at the year 3000 auctions. Just paging through the Sotheby's catalog (it's available online at www.sothebys.com is enough to moisten oenophilic palates. One evident specialty of the collector was assembling "vertical" collections...

Author: /time Magazine | Title: Department of Wealth: The $200 Sip | 11/22/1999 | See Source »

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