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...House shows he has a rough road ahead. The committee's ranking Republican Spencer Bachus of Alabama attacked the bill for a lack of transparency, saying he opposed plans to keep secret which banks were subject to the new powers sought by the Administration. A top committee Democrat, Paul Kanjorski of Pennsylvania, said he feared the bill's accumulation of executive-branch power. Regulators are also sniping. At Thursday's hearing in the House, Federal Deposit Insurance Corporation chair Sheila Bair said the Administration's plan didn't give enough power to regulators. Graybeards like Paul Volcker have been calling...

Author: /time Magazine | Title: Geithner Leads a Fresh Charge on Financial Reform | 10/30/2009 | See Source »

...campaign to represent the place where I grew up and worked as a beat newspaper reporter, however, is anything but typical - or local. For starters, there are three unorthodox candidates: a pro-choice, pro-gay marriage, pro-union Republican; a registered independent running on the Democratic ticket; and a Conservative Party candidate who doesn't live in the district and may well win - or play the part of GOP spoiler and help elect a Democrat to a seat that has been occupied by Republicans since the 1800s - despite skipping most chances to appear publicly with his opponents. But even these...

Author: /time Magazine | Title: A GOP Civil War in Upstate New York | 10/30/2009 | See Source »

...slaughter of the televisions. "We ain't right wing, we ain't left wing. We're trying to get the folks to see the problem ain't left versus right, it's up versus down." He uses a tool analogy. "A Republican is a standard screw," said Chute. "A Democrat is a Philips screws. So whichever way you vote you get the screw." (See a review of the movie version of The Beans of Egypt, Maine...

Author: /time Magazine | Title: How the Beans of Egypt, Maine, Sprouted a Militia | 10/24/2009 | See Source »

...governor do not appear motivated to find another solution to the furloughs. At a recent briefing on the subject with the state lawmakers, it seemed that education and union officials were not interested in "assessing and correcting inefficiencies, waste, duplication and misuse of existing monies," said Berg, a Democrat and vice-chair of the Education Committee. "As a former teacher and middle school principal, I personally find the furlough alternative completely unacceptable," Berg said. "I hold all three parties responsible for not putting the educational, social, emotional, and future well-being of our children - and our society - in the center...

Author: /time Magazine | Title: How Hawaii's Budget Led to Furloughed Kids | 10/24/2009 | See Source »

...question is the formidable and canny Henry Waxman and the issue in question is one that matters a lot to him. But that was what happened on July 31 as the House Energy and Commerce Committee was putting the final touches on health-reform legislation. Waxman's fellow California Democrat Anna Eshoo offered a last-minute amendment that Waxman opposed. Knowing he would lose, Waxman decided to save face with a quick voice vote. But Eshoo insisted on a roll call, which would put every member on record. Waxman snapped at her, "You promised you wouldn't do that...

Author: /time Magazine | Title: How Drug-Industry Lobbyists Won on Health-Care | 10/22/2009 | See Source »

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