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...problem is that in the current economy, a number of already cash-strapped states can hardly afford Medicaid at current levels, let alone an expansion. Ohio, for example, would likely have had to cut back on its existing Medicaid benefits if it hadn't been for the stimulus funds the state received earlier this year. Many people on Medicaid also would be absorbed into the so-called exchanges in which lower-income people would purchase their insurance, a move that some Democrats don't like. "Everybody gets to keep the insurance they have except if you're poor, and that...

Author: /time Magazine | Title: 5 Things Dems Don't Like About the Baucus Bill | 9/17/2009 | See Source »

Reid's spokesperson backed off those comments the next day, indicating that the schedule hadn't yet been set, but with the health-care debate threatening to stretch from now until the end of the world, it's becoming increasingly difficult to see how cap and trade could be finalized before the Copenhagen summit begins in December. And given how controversial cap and trade remains even among many Democrats in the Senate - Republicans remain almost unanimously opposed - action in the election year of 2010 might be even tougher. (Watch a TIME Climate Central video...

Author: /time Magazine | Title: Another Health-Care Casualty: Cap and Trade | 9/16/2009 | See Source »

...workers to the city elders goes there, drawn by the $9.99 all-you-can-eat buffet and the slogan "Help Yourself to Happiness." This year the Whitfields, the Waldrons and many others aren't: sales are down 2.5% this year, and it would be worse, says Rogers, if he hadn't launched a big coupon push. But that's eaten into profits, which dropped 63% over the past two years and are on track to do the same this year...

Author: /time Magazine | Title: The Ripple Effect: What One Layoff Means For A Whole Town | 9/11/2009 | See Source »

...other programs like the mortgage modification and foreclosure mitigation efforts could go on for some time. When asked why modifications hadn't reached more borrowers, Geithner answered that they are trying to do everything to expand mortgage help, but the problem defies a quick fix. "It is very unlikely that we will say that the housing market has got to the place in the next few months where it no longer needs help...

Author: /time Magazine | Title: Geithner Defends First Year Of TARP | 9/10/2009 | See Source »

...company became enormously profitable after he sold it to the Washington Post in the 1980s--but more than that, he sincerely loved it. He thought it represented a doorway to opportunity that could be pried open through the application of a little money and willpower. That was something that hadn't been available to him when he was young. One of the happiest days of his life came in 1983 when he was finally invited to the ETS as an honored guest...

Author: /time Magazine | Title: Stanley Kaplan | 9/7/2009 | See Source »

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