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...minutes into his recent address to Congress, the tax cut sits corpulently at the center of his proposals, influencing every budget decision Bush has made. The cut is now estimated to cost at least $2 trillion once interest losses are factored in, and the costs may soar if, as Bush has proposed, the cuts are made retroactive. The nation simply cannot afford a tax cut of this size; it would repeat the worst fiscal mistakes of the Reagan years, mistakes which led to two decades of deficits. The tax cut is also unnecessary, as it would be near-useless...

Author: By The CRIMSON Staff, | Title: On the Backs of the Poor | 3/8/2001 | See Source »

...Taiwan. The rest of the island is covered with remote, forested mountains, which are laced with hundreds of hiking trails. Taiwan is home to the highest mountain in east Asia?at 3,952 m, Yushan (Jade Mountain) is taller than Japan's Mount Fuji?while dozens of peaks soar above 3,000 m. Protected by the government, the mountains are home to black bears, salmon, rare birds and other wildlife and are the island's most compelling attraction...

Author: /time Magazine | Title: Out of Thick Air: Taiwan's Mountain Highs | 3/4/2001 | See Source »

...Looks like a sure thing. Israeli Likud leader builds up a 20% lead in race to be P.M. JOHN ASHCROFT Top cop. With slim win in U.S. Senate, Mr. Controversy becomes Attorney General SUBCOMANDANTE MARCOS The next soap hunk? Mexican rebel leader does TV gig and sees his popularity soar...

Author: /time Magazine | Title: Spotlight | 2/12/2001 | See Source »

California, though, isn't the only part of the country grumbling about an energy crunch. While the rest of the U.S. doesn't have to worry much about the lights going out, millions of homeowners across the country are watching their heating bills soar. With unusually cold weather and a shrinking inventory of natural gas, the wholesale price has quadrupled in the past year, saddling consumers with bills that are expected to rise 40% to 50% this year. In December alone, consumption of natural gas, which keeps more than half of all U.S. homes warm, rose 20% from the year...

Author: /time Magazine | Title: Power To The People | 1/15/2001 | See Source »

...office. Of course, Reagan disrupted the trend by surviving his 1981 assassination attempt, only 69 days into office. The bullet lodged itself within a centimeter of his aorta, and only modern medicine saved him. (Instead, his theatrical grace and wit during the assassination incident caused his popularity to soar...

Author: By Arianne R. Cohen, | Title: The Zero Factor | 12/14/2000 | See Source »

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