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...bill also promises to rein in health costs by reorienting the practice of medicine, making it more efficient, with health care providers rewarded on how well they treat their patients, rather than how much care they give them. Whether it actually achieves that latter ambition, however, is far more uncertain. (See more about health care...

Author: /time Magazine | Title: Making History: House Passes Health Care Reform | 3/23/2010 | See Source »

Then there's the minefield of health-care reform. Ministers are divided over how to reform Germany's complex health system and rein in spiraling medical costs. The upstart 36-year-old Health Minister Philipp Rösler (FDP) thinks he's come up with a solution to crack the problem: a flat-rate premium for health-care contributions so all Germans pay the same, regardless of income. But colleagues from the Christian Social Union (CSU), the CDU's sister party and the third partner in the coalition, have slammed the plan, saying it is not "socially fair...

Author: /time Magazine | Title: Germany: Tensions at the Top | 3/22/2010 | See Source »

...independent consumer agency isn't the most vital provision for preventing another meltdown, but it's the most vital provision for persuading ordinary families that reform is about them. And along with significantly less vital provisions that would help shareholders rein in executive pay, it's the starkest way to make the case that opposing reform means doing the bidding of Wall Street. Sure, disputes over systemic risk, clearinghouses for derivatives, resolution authority for failing firms and proprietary trading are all important, but they're not going to move the masses. (See the top 10 financial-crisis buzzwords...

Author: /time Magazine | Title: Why the Dems Need to Hang Tough on Financial Reform | 3/13/2010 | See Source »

Papandreou had tried to avoid provoking Greece's powerful unions and initially resisted making cuts to civil servants' base pay. But after the initial round of austerity measures, announced in December, failed to convince international markets and the country's European partners that Greece could rein in its ballooning deficit on its own, Papandreou's administration was forced to tack on a second, harsher round of measures. The $6.5 billion package includes cuts in civil servants' salaries, a freeze on pensions and a host of tax increases, including a 2% bump in the value-added...

Author: /time Magazine | Title: Greek Austerity Measures Spark Rising Protests | 3/11/2010 | See Source »

Denver is struggling to rein in its mushrooming number of pot stores. On Jan. 11, the city council passed an ordinance prohibiting on-site consumption of the drug and barring dispensaries from setting up within 1,000 ft. (300 m) of a school...

Author: /time Magazine | Title: Postcard from Denver | 3/8/2010 | See Source »

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