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...heart," noted California Senator Barbara Boxer on the Senate floor. Biden's staff has battled to kill the project behind the scenes, and the outcome is still unclear. Meanwhile, on other requests, Republicans quibbled with Biden's definition of prudent. Some $3.4 million will be spent on a Florida wildlife crossing at a highway with one of the highest rates of turtle mortality in the world. "Why did the turtle cross the road?" Oklahoma Senator Tom Coburn, a leading Republican critic of the stimulus, teased in his report on the spending. "To get to the other side of a stimulus...

Author: /time Magazine | Title: What Happened to the Stimulus? | 7/1/2009 | See Source »

...constitution to allow Presidents to stand for a second term. The Supreme Court ruled the vote illegal and soldiers whisked Zelaya away before it could take place, leaving Congressman Roberto Micheletti to be sworn in as the new President. (Read "Castro and Chávez: The Evil Twins for Florida...

Author: /time Magazine | Title: Hondurans Take Sides and Hit the Streets | 7/1/2009 | See Source »

...lately the situation has gone from bad to, well, perverse. "One of the frustrating paradoxes of the recession is falling real estate markets and rising property taxes," says Kurt Wenner, research director at Florida Tax Watch in Tallahassee. A 2008 state reform, as well as another scheduled to go into effect next year, has reduced some of Florida's property-tax burden by making the cap more generous and accessible to more residents. But because of arcane provisions in the homestead law, government appraisers can tell a homeowner that although his house's current market value may be as depressed...

Author: /time Magazine | Title: Florida's Property Taxes Go Wacky in Housing Slump | 6/29/2009 | See Source »

...element of confusion, if not contention, is the tax bill due on dramatically discounted homes bought at foreclosure auctions. Those purchases, which represent about 40% of new home purchases in Florida now, are driving any home-sale revival the U.S. is seeing (even if they also help drive down surrounding home prices). But in many if not most cases, people buying foreclosed homes have budgets "that can afford the taxes on a $100,000 house but not necessarily a $400,000 house," notes Brian Paul, CEO of the Realtors Association of the Palm Beaches. Of course, Palm Beach County executives...

Author: /time Magazine | Title: Florida's Property Taxes Go Wacky in Housing Slump | 6/29/2009 | See Source »

...Ebeneezer Church. His son is the new pastor - following Jeremiah Wright - at Trinity in Chicago, but Moss is the model of a proper old-school preacher and is the father figure of Obama's group. His fellow council member, Joel Hunter, is a white evangelical and pastor of a Florida megachurch. And Vashti McKenzie is the first female elected as a bishop in the African Methodist Episcopal Church...

Author: /time Magazine | Title: The Obamas Find a Church Home — Away from Home | 6/29/2009 | See Source »

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