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Dates: during 2000-2009
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At issue: Obama's proposal to increase the taxes that wealthier Americans pay into the system. Currently, workers are taxed on only the first $97,500 of what they earn, a limit that will rise to $102,000 next year. Getting rid of the income cap, he says, would be...

Author: /time Magazine | Title: The $102,000 Debate | 11/21/2007 | See Source »

Turning it over to a commission is the kind of duck-and-cover drill that politicians have usually been able to get away with on Social Security. But Obama and Edwards aren't going along this time. "We're not really picking a fight about Social Security," says Obama strategist...

Author: /time Magazine | Title: The $102,000 Debate | 11/21/2007 | See Source »

The European Commission on Tuesday addressed the issue head-on when it proposed reforms to the European Union's Common Agricultural Policy (CAP), the skein of price supports, export subsidies, and environmental payments that gobbles up 44% of the E.U.'s $187 billion annual budget.

Author: /time Magazine | Title: Reforming Europe's Farms | 11/21/2007 | See Source »

Dubbed a "health check" for the CAP, the policy review suggests revamping the Union's single biggest policy domain to better address modern challenges like climate change, the boom in biofuels, water management and protecting biodiversity. The Commission floats once heretical ideas such as phasing out milk quotas, scrapping rules...

Author: /time Magazine | Title: Reforming Europe's Farms | 11/21/2007 | See Source »

The proposals target not only the biggest, but also the smallest: the amount of land a farmer has to own to be eligible for aid would rise. At the moment that stands at 0.3 hectares, less than the size of a football field, and the Commission says the administrative cost...

Author: /time Magazine | Title: Reforming Europe's Farms | 11/21/2007 | See Source »

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