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...Florida's Republican-led legislature - as well as moderate GOP Governor Charlie Crist, who signed on to the trust-fund diversion - was probably hoping the federal stimulus package would help make up for the affordable-housing gap. Indeed, the $787 billion stimulus gives Florida more than $250 million for public housing, homeless prevention (by helping people pay security deposits, utility bills and rent), affordable homes and rental assistance as well as tax credits for affordable-housing builders...

Author: /time Magazine | Title: Despite the Crash in Prices, Affordable Housing Still Lacking | 2/25/2009 | See Source »

...With most taxpayers counting pennies and preparing to file tax returns, Obama made clear in an exchange on Monday with his former rival, Republican Senator John McCain, that he finds his aging fleet of Marine One "white-tops" perfectly adequate. Many of the trips they take are short hops, like the 10 minutes between the White House and Andrews Air Force Base. "It is an example of the procurement process gone amok," Obama said after McCain queried him about the new helicopters ("I didn't have as much interest in the presidential helicopter," McCain noted on Tuesday...

Author: /time Magazine | Title: How the White House Choppers Spiraled Out of Control | 2/25/2009 | See Source »

...chamber, Jon Favreau, Obama's 27-year-old speechwriter, stood nervously with his back against the wall, alternately mouthing the words as Obama spoke them, applauding and checking his BlackBerry for reactions from the ether. At the other end of the chamber sat a diminished Republican caucus, self-consciously rising and falling like pistons to show their alternate approval and disdain for the President's policy prescriptions...

Author: /time Magazine | Title: Obama Gives Team America a Pep Talk | 2/25/2009 | See Source »

...Democratic caucus had its moments as well. In the very next line, Obama began, "With the deficit we inherited" - but could go no further because of Democratic delight in pointing out that today's fiscal problems were delivered by a Republican President and Republican Congress. The same group was equally delighted when Obama said that Bush had used the budget surpluses of 2000 as "an excuse to transfer wealth to the wealthy instead of an opportunity to invest in our future...

Author: /time Magazine | Title: Obama Gives Team America a Pep Talk | 2/25/2009 | See Source »

...reason is Sunstein's support for cost-benefit analysis, the practice of examining regulations to ensure that their benefit to society outweighs whatever costs they impose. Liberal advocacy groups claim that cost-benefit analysis has been a weapon that every Republican President since Ronald Reagan - who created OIRA - has used to thwart effective government regulation of the environment, workplace and consumer safety. OIRA, after all, examines all proposed federal regulations before they take effect - be they issued by the Environmental Protection Agency, the Food and Drug Administration or the Occupational Safety and Health Administration - and it has the power...

Author: /time Magazine | Title: Why Obama's Regulatory Czar Makes Liberals Nervous | 2/24/2009 | See Source »

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