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WASHINGTON Christmas in January President George W. Bush proposed an audacious tax-cut program - one he hopes will jump-start the sputtering U.S. economy. The plan, which would eliminates taxes on corporate dividends, delighted Wall Street but led Democrats to charge that Bush was merely making the rich richer. To counteract that criticism, the package also includes a rise in child and married-couples tax allowances. In addition, tax-rate cuts scheduled for 2004 and 2006 would be introduced immediately. "Our first challenge is to allow Americans to keep more of their money so they can spend and save...

Author: /time Magazine | Title: World Watch | 1/12/2003 | See Source »

...Does he have a chance? Yes - as much, anyway, as any other Democrat who challenges the still overwhelmingly popular current President. Since Al Gore bowed out of the picture, the ranks of Democratic hopefuls have swelled, and although Daschle and Gephardt have best name recognition the odds are considered fairly even among the potential candidates. Edwards, while relatively new to the political scene and lacking Kerry or Daschle's national reputation, is nonetheless appreciated among Democratic party leaders for his easy, appealing presence, both on television and in person...

Author: /time Magazine | Title: Person of the Week: John Edwards | 1/2/2003 | See Source »

Spitzer has spent a career pushing the law as a tool for social change. A passionate and partisan Democrat, he has brought cases against a long line of tough adversaries--organized crime, gun manufacturers, air polluters, Korean grocers who don't pay minimum wage. His efforts have not always succeeded. Yet he has consistently used laws in novel ways to address wrongs that were in plain view but seemed intractable to others. And, as was the case with Merrill, his endeavors have been about pursuing a path of justice even before the precise nature of a case is clear...

Author: /time Magazine | Title: Eliot Spitzer: Wall Street's Top Cop | 12/30/2002 | See Source »

...same could be said of many of Cheney's ideological opponents today. He tends to disarm them by genially listening to what they have to say, even though they almost never change his opinion. "He doesn't have a mean streak," says Lee Hamilton, the Democrat who chaired the Iran-Contra Committee. "He deals with issues, not personalities. And he doesn't run to the cameras." Cheney's reputation during his days on the Hill was for blandness. In his book The Ambition and The Power, John M. Barry recounts the time a group of House members visiting the Soviet...

Author: /time Magazine | Title: 7 Clues To Understanding Dick Cheney | 12/30/2002 | See Source »

Loretta Sanchez, 42, is a three-term democrat from orange county, Calif.; starting in January, her little sister Linda, 33 (below right), will represent a district in Los Angeles County, making the Sanchezes the first sister act in the history of the U.S. House of Representatives. And as they confided to TIME's Josh Tyrangiel, they plan to get an apartment together in Washington...

Author: /time Magazine | Title: 10 Questions for The Sanchez Sisters | 12/23/2002 | See Source »

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