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...given the shaky economy. But the conversation will become unavoidable next year, when the Bush tax cuts expire. A restoration of the Clinton rates would go a long way toward paying down the Bush deficits and the assorted Bush-Obama federal bailouts and creating some breathing space if health reform costs more than expected. One hopes that Democrats, and fiscally responsible Republicans, will locate the backbone between now and then to do the right thing...

Author: /time Magazine | Title: Health Care: Do the Right Thing on Taxes | 10/29/2009 | See Source »

...players in health-care reform...

Author: /time Magazine | Title: Health Care: Do the Right Thing on Taxes | 10/29/2009 | See Source »

...poll found that GOP favorability has slipped to its lowest point in a decade - just 36% (though Democrats don't rate much higher). Former Republican heavyweights such as Bob Dole and Bill Frist have been pushing current party leaders on Capitol Hill to work with Democrats on health-care reform, which increasingly looks like it will pass in some form. And even a few of their own have begun to show impatience. "Ronald Reagan always had a positive, forward-looking agenda, and I think that was a significant strategy that worked for the Republicans back then," says Dana Rohrabacher...

Author: /time Magazine | Title: How the GOP Hopes to Overcome 'Party of No' | 10/29/2009 | See Source »

...which they believe their opponents are vulnerable: the ongoing credit crunch in the commercial real estate market, the looming costs of unemployment tax increases on states and businesses, the massive budget deficits and what Cantor calls an uncertain environment that Obama's ambitious agenda on health care, financial reform and climate change is creating for the business community. Cantor admits the group has yet to come up with any solutions, but they are meeting over the next few months to hear from experts and to hammer out concrete proposals. The method is similar to the process Pelosi went through...

Author: /time Magazine | Title: How the GOP Hopes to Overcome 'Party of No' | 10/29/2009 | See Source »

...busy working at overhauling the GOP's Party of No image. When asked if House Republicans will be unified in their opposition to the health-care bill, he instead focuses on all the areas in which Republicans and Democrats agree, such as emphasizing preventive medicine, electronic records, medical-liability reform and helping those with pre-existing conditions get coverage. It's a striking change of tone from a similar interview with TIME shortly before the stimulus vote, when the minority whip was cocky in his boast of unified opposition. Still, says Feehery, if Cantor were really serious, he would introduce...

Author: /time Magazine | Title: How the GOP Hopes to Overcome 'Party of No' | 10/29/2009 | See Source »

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