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...fury of other activists, however, Suzman opposed economic sanctions, arguing that they hurt blacks more than whites. And while she earned the admiration and friendship of Mandela, she did not flinch from criticizing his African National Congress (ANC) once it won power...

Author: /time Magazine | Title: Helen Suzman | 1/8/2009 | See Source »

...When Congress first started looking at an economic stimulus package last year, House Speaker Nancy Pelosi was quick to lay out three important guiding principles: that the provisions be "timely, temporary and targeted." "If we heap too much on top of the package, it will then take us deeply into debt," she warned in a speech on the House floor on Jan. 29, 2008. But now, as Congress gears up to craft a mammoth stimulus package that will dwarf last year's $170 billion bill, those requirements don't seem to be all that binding. (See a bailout report card...

Author: /time Magazine | Title: Obama's Stimulus: Jump-Starting His Long-Term Agenda | 1/8/2009 | See Source »

...President-elect Barack Obama admitted as much in a major speech on Thursday, making the case for Congress to act quickly on his plan, dubbed the American Recovery and Reinvestment Plan. "There is no doubt that the cost of this plan will be considerable," he said. "It will certainly add to the budget deficit in the short term. But equally certain are the consequences of doing too little or nothing at all, for that will lead to an even greater deficit of jobs, incomes and confidence in our economy." (Read Obama's full remarks...

Author: /time Magazine | Title: Obama's Stimulus: Jump-Starting His Long-Term Agenda | 1/8/2009 | See Source »

...these proposals may make it into the final version of the stimulus bill. And this outline comes before members of Congress have laid out their wish lists of pet projects, which they are likely to do, despite Obama's claim that the package will be earmark-free. Critics of the bill have taken comfort from the possibility that both chambers will hold hearings before its passage, giving them an opportunity to air their grievances. "I remain concerned about wasteful spending," House minority leader John Boehner told reporters after meeting with Obama on Tuesday. "Simply put, we should not bury future...

Author: /time Magazine | Title: Obama's Stimulus: Jump-Starting His Long-Term Agenda | 1/8/2009 | See Source »

...Congress that convened this week is the oldest in history, with the average Representative's age rising to a record 57. That's three decades older than Aaron Schock, the youngest member of Congress and the first to be born in the 1980s. The 27-year-old Illinois Republican is already a political veteran: he won a seat on Peoria's school board at 19, rose to school-board president at 23 and then won two terms in the Illinois state legislature. He spoke with TIME about his early success, reaching out to Gen Y voters and the odds...

Author: /time Magazine | Title: The First Gen Y Congressman | 1/8/2009 | See Source »

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