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...mayor of Newark, N.J., wants to set up a citywide program to improve residents' health ... The health-care program would consist of a bus ticket out of Newark...
Then come the tax breaks. The stimulus bill approved in February included an $8,000 tax credit for first-time home buyers - at a cost of about $14 billion for the year. That's set to expire, but there's talk in Congress of extending or even expanding it. A much bigger deal is the income tax deduction for mortgage interest paid - which has been with us as long as there's been an income tax - at a cost estimated by the Congressional Joint Committee on Taxation at $80 billion this year. The deduction for property taxes costs an additional...
...that casts a bit of a pall over celebrations of the man's achievements - a pall that has extended to the holiday itself. While Colorado became the first state to set aside a day in Columbus' honor, in 1907, in recent years Denver's parade has been disrupted by angry protesters. This year an unknown hoaxster notified the media (falsely) that this year's parade was canceled. But organizers are undeterred, telling the Wall Street Journal that "the parade will not be stopped...
...This is exactly what's happening in a pilot program that started this month at three vocational high schools in disadvantaged suburbs of Paris. Accounts will be set up for two classes in each school, each containing around $3,000 apiece. If the students maintain good attendance records and reach performance targets agreed upon with their teachers, reward payments will be added to their class account. But here's the catch: the students can't go and spend the money on a new iPod or an Xbox at the end of the year. Each account, which could reach a maximum...
...While Murdoch and others called for greater access in China, Beijing is pushing its media voice abroad. Earlier this year the government reportedly set aside more than $4 billion to expand the global reach of the state-run broadcaster CCTV and the Xinhua News Agency. Last year CCTV created French and Spanish channels, and this year it added Russian and Arabic. The official China Daily newspaper began publishing a U.S. edition, and the Global Times, a nationalist tabloid run by the People's Daily, launched an English-language version. In January, Liu Yunshan, the head of the Communist Party...