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...John McCain captured the party's nomination. The state has been good to the Arizona senator, who blew out Bush in the 2000 primary by 18 points, and revived his campaign by winning this year's contest by 5 points over Mitt Romney. New Hampshire voters tend to be fiscally conservative-the state is home to the Concord Coalition, an anti-deficit non-profit-but fairly progressive on social issues. From that perspective, McCain seemed like a welcome change from Bush: a fiscal conservative who wouldn't focus much on abortion or gay marriage. And, in fact, Barack Obama...

Author: /time Magazine | Title: Can Sununu Survive the Toxic GOP? | 11/3/2008 | See Source »

Despite the gloomy fiscal outlook, officials said they would continue to look for ways to weather the economic crisis...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Mass. Budget Cuts Hit City Housing | 10/31/2008 | See Source »

...hope-monger who spouts flighty rhetoric without offering real solutions. Such claims bear little relation to the reality of the candidates’ policy proposals. The recent financial crisis offers an illustration: Senator Obama responded to the crisis with steady pragmatism, while Senator McCain naively refused to recognize the fiscal irresponsibility of cutting taxes for the wealthy, and still clings to Republican dogma that the federal government ruins everything...

Author: By Eva Z. Lam, Elise X. Liu, and William Weingarten | Title: Restoring the Promise of Good Government | 10/31/2008 | See Source »

...ripples were small at the time, but what was started could not be undone. By 1996, thanks to lobbying by conservative groups like the American Family Association and the new Republican Congress’s mantra of “fiscal responsibility,” the NEA saw its budget slashed by almost 40 percent. Individual artist grants were gone, as was general funding to arts organizations. Ultraconservatives won. Welcome...

Author: By Jillian J. Goodman | Title: The State of the Art | 10/31/2008 | See Source »

...Meanwhile, an appreciating currency?the yen hit a 13-year high against the dollar on Oct. 24?is hurting Japan?s exporters. This week, Honda cut its annual revenue forecast for the 2009 fiscal year to $5.2 billion, a 19% decline compared with FY2008 results. Sony announced that its profit dropped 72% in the first half of the year. Help may be on the way. But Aso must convince a divided Japanese parliament to pass his stimulus package amid growing skepticism that it will be too little, too late...

Author: /time Magazine | Title: Japan Offers a Lifeline to Failing Businesses | 10/31/2008 | See Source »

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