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...symbol of thrift and Americana that also happens to be an incredible annoyance; 58% of Americans stash pennies instead of spending them like real money. And while the debate over the penny's demise has raged for decades on the fringes of society (thanks to an Arizona Congressman, a part-time lobbying group and a biophysics grad student), recent events have caused this fight to spill out onto America's streets. Now everyone is choosing sides, including the slacker dude who married Britney Spears...

Author: /time Magazine | Title: Common Cents | 7/10/2006 | See Source »

...most powerful penny opponent is Republican Arizona Congressman Jim Kolbe, who keeps pushing his Legal Tender Modernization Act. He's very concerned about the coming penny Armageddon. "At some point you'll find a burgeoning business of people melting them down to metal," says Kolbe, "and selling them back to the Mint for more pennies." Kolbe, who advocates rounding to the nearest nickel, argues that parking meters, Laundromats, transit systems and vending machines don't accept pennies. Merchants hate them and won't let you pay for things with a stack of them. They pile up or get thrown away...

Author: /time Magazine | Title: Common Cents | 7/10/2006 | See Source »

Could Tom DeLay be headed back to the House? A source close to the ex-Congressman tells TIME that DeLay is planning an aggressive campaign to retake the House seat he quit in June if an appeals court lets stand a ruling by a federal judge last week that his name must stay on November's ballot--even though he has moved to Virginia. "If it isn't overturned, Katy bar the door!" says a G.O.P. official. "Guess he'll have to fire up the engines on the campaign and let 'er rip." DeLay, awaiting trial for money laundering, never...

Author: /time Magazine | Title: Delay Redux? | 7/9/2006 | See Source »

...lavish East Room wedding, Alice married Nicholas Longworth, an Ohio Congressman who shared little with her besides an interest in Republican politics. A drinker and a playboy, Longworth quickly earned his wife's "complete contempt," says Sturm. Alice also grew to resent her do-gooder cousins Franklin and Eleanor, often mocking Eleanor's bucktoothed smile at dinner parties. "Grammy couldn't stand earnestness," Sturm says...

Author: /time Magazine | Title: Alice Roosevelt Longworth: An American Princess | 7/3/2006 | See Source »

...partisanship out of the political process," wrote Justice David Souter said. But in Wednesday's 5-4 decision, signed by Justice Anthony Kennedy, Texas was ordered to redraw the map and undo the split that had divided Laredo between Bonilla's West Texas district and that of Democratic Congressman Henry Cuellar. The addition of Democratic-leaning Latino voters to Bonilla's district could make him vulnerable in the next election. The opinion also suggested possible changes for the district represented by Democrat Lloyd Doggett, whose "fajita" district stretches from Austin to the Mexican border. In a redraw that would presumably...

Author: /time Magazine | Title: The Other Big Winner in Texas Redistricting | 6/28/2006 | See Source »

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