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...Secret Service may have a friend in Rothschild who came to their defense. "[The security] seemed careful," said Rothschil...

Author: By Jyotika Banga, CONTRIBUTING WRITER | Title: State Dinner Crashers Part Deux | 12/3/2009 | See Source »

Several dozen Harvard employees and students rallied outside the Holyoke Center last night, protesting the budget cuts that may dim the holiday season for some University staff...

Author: By Jacob D. Roberts, CONTRIBUTING WRITER | Title: Workers, Students Rally Against Layoffs | 12/3/2009 | See Source »

...remains unclear if the House will pass a large catch-all bill or several smaller bills. House leadership had been aiming to pass a bill, or bills, by the end of the year, though majority leader Steny Hoyer on Tuesday indicated that the timeline may slip. "The important thing - my perspective, speaking for Steny Hoyer - is to get a jobs package that will work, not getting one right now," he told reporters. "If we adopt it in the next two or three weeks or we adopt it in January, we need to make sure it'll work." Either...

Author: /time Magazine | Title: Congress Looks Toward a Jobs Stimulus | 12/3/2009 | See Source »

...Many Americans, and surely most Republicans, may wonder how it is that Congress is crafting a new stimulus plan less than a year after it passed a $787 billion spending package. And it's not as if that effort has been deemed a failure, or even completely used, for that matter. Less than $200 billion of it has been spent thus far, though money continues to go out the door at a steady pace. The Congressional Budget Office credits the bill with increasing U.S. GDP between 1.2% and 3.2% and estimates that it has created or saved between...

Author: /time Magazine | Title: Congress Looks Toward a Jobs Stimulus | 12/3/2009 | See Source »

...Another factor driving the calls for a second stimulus is that nearly 90% of the original stimulus money targeted for infrastructure projects will have been spent by May, and the Highway Trust Fund could be running a shortfall in June, says House Transportation Committee chairman James Oberstar. "[It] means, unless we do something about it, we'll start losing jobs instead of creating jobs in the construction sector," he says. For that reason, one part of a proposed jobs bill would subsidize 30 states that are unlikely to meet their annual highway commitments next year and would...

Author: /time Magazine | Title: Congress Looks Toward a Jobs Stimulus | 12/3/2009 | See Source »

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