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"There are possibly hundreds of millions of dollars that have been paid to taxpayers who are not entitled to the credit," said Representative John Lewis, a Georgia Democrat, while chairing a House committee earlier this month. Still, Stuart Saft, a partner at Dewey & LeBoeuf, thinks the tax-credit program can...

Author: /time Magazine | Title: Should the Home Buyers' Tax Credit Be Extended? | 11/4/2009 | See Source »

Most make for the island of Don Det, where accommodation is cheap and plentiful, but very basic. At Mr. B's Sunset Bungalows, tel: (856-30) 534 5109, a few dollars a night gets you a basic cabin with a double bed, mosquito net and porch hanging over the water...

Author: /time Magazine | Title: Next Time You're in ... Laos | 11/4/2009 | See Source »

In New Jersey, incumbent governor Corzine - already tarnished in the eyes of voters by his past as a Wall Street executive - has been hurt in his race against Republican former prosecutor Chris Christie by flare-ups of local public corruption and by eye-popping property-tax rates. But Corzine has...

Author: /time Magazine | Title: The Three Races to Watch on Election Day | 11/3/2009 | See Source »

During the postwar boom, pay for U.S. CEOs remained fairly steady in real dollars until the 1970s. But under new tax policies, the 1980s saw the rise of stock options. Intended to tie executive pay to performance, they offered the potential for huge riches with little downside, encouraging risk-taking...

Author: /time Magazine | Title: Brief History: Executive Pay | 11/2/2009 | See Source »

Schumer's rise as a sophomore to the No. 3 Democrat in the Senate has been meteoric. A member of the House for 18 years before being elected to the Senate in 1998, Schumer gained notice in New York and Washington circles for his workmanlike skill at championing consumer causes...

Author: /time Magazine | Title: Can Chuck Schumer Push a Public Option Through? | 11/2/2009 | See Source »

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