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...tuition for out-of-state UNC students. "How much culture can we absorb from New Jersey? How much do we want?" he asked. Some legislators are criticizing Easley for being too tentative during the crisis, but the new Governor has clung to his priorities. He's still working to shrink class sizes. "We simply cannot, and will not, let a budget shortfall become an education shortfall," said Easley. He sounds good, for a guy in a straitjacket...

Author: /time Magazine | Title: A Bit of a Tight Spot | 9/3/2001 | See Source »

...then, a lot of other things were changing too. As summer arrived, as the economy kept sputtering and Congress enacted a $1.35 trillion tax cut, those rosy surplus projections began to shrink. Military health-care costs rose faster than missile-defense bills. The budget situation became almost impossible. For months, many analysts had been saying the only way Congress might go along with Rumsfeld's reforms was if he sweetened the deal by sprinkling goodies on key districts. But now the extra money was drying up. Rumsfeld went to the White House in July to ask for $38 billion more...

Author: /time Magazine | Title: Rumsfeld: Older but Wiser? | 8/27/2001 | See Source »

Working with a four-drug combination that is 20% more potent than today's cocktails, Ho has already shown that it is possible to shrink the reservoir faster than with current regimens. Virus, beware...

Author: /time Magazine | Title: The Case For David Ho | 8/20/2001 | See Source »

...their leaders: that their country was an economic mess. Yes, he pledged to clean it up?by getting rid of bad bank loans, privatizing government-run behemoths like the postal service and killing useless public-works projects. But he also warned that it would hurt at first: salaries would shrink, jobs disappear. Now, he's retelling that tale of gloom on the eve of the July 29 election to the upper house of parliament. His Liberal Democratic Party needs to retain a majority of seats for Koizumi to remain in office. But unlike his predecessors?Japan has had nine Prime...

Author: /time Magazine | Title: Tough Love | 7/23/2001 | See Source »

...This may not be a great time to be touting the virtues of the stock market. Employees who depend on 401K's for much of their retirement have seen that nest eggs dramatically shrink this year because of the current bear market. Privatization critics also dispute the conventional wisdom that Social Security provides a low rate of return. It's not just a retirement program, they contend, but an insurance and disability program as well, and when you factor in all those potential long-term benefits, Social Security is a package few Wall Street houses could match...

Author: /time Magazine | Title: The Coming Fight Over Privatizing Social Security | 7/23/2001 | See Source »

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