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...since 2005, Chancellor Merkel, though firmly on the center-right in most questions, has often tacked to the left to preserve her coalition. She has said that she would prefer to govern with the FDP, but that would recast the Social Democrats as formidable opponents, determined to torpedo the tax-cutting agenda the FDP would demand. Westerwelle fears she plans to retain her current partners instead. "That makes me angry, not for me, but for Germany," he told the German daily, Bild. (Read: "Busting Out: German Pol Plays the Cleavage Card...

Author: /time Magazine | Title: Guido Westerwelle, Germany's Mittelman | 9/7/2009 | See Source »

...Moore eagerly counts the ways. He lays out the "Dead Peasants" insurance loophole by which a corporation can take out policies on their rank-and-file workers and, when they die, reap millions in tax-free payouts. To support his position that airlines are risking catastrophe by underpaying their pilots, he excerpts the Congressional testimony of Hudson River hero Chesley Sullenberger, who notes that his pay had been cut 40% and he lost his pension. In an episode that might have come from a Dickens novel, Moore tells of two Pa. judges who shut down a state-run detention center...

Author: /time Magazine | Title: Michael Moore's Capitalism Goes for Broke | 9/6/2009 | See Source »

...billion to unemployment payments; $10 billion to states to bolster educational programs that primarily target the poor; $4 billion to student financial assistance; and $1 billion to rental assistance, among the biggest-ticket items alone. And that doesn't even include the share of the $62.5 billion in tax breaks available to the poor through the cut in withholding taxes; the Making Work Pay program, which gives tax breaks to wage earners; and the extension of COBRA health-insurance benefits...

Author: /time Magazine | Title: Why the Stimulus Is Helping the Economy but Not Obama | 9/4/2009 | See Source »

...Hart Senate Office Building garage to save on gas. As a Senator, he bucked President Bush to work with Baucus and House Speaker Nancy Pelosi on the State Children's Health Insurance Program in 2007. He has also championed government whistle-blowers and launched probes into the tax status of (GOP friendly) Evangelical preachers. That independence helps explain why he is easily Iowa's most popular politician, winning re-election four times. "Everybody trusts Chuck in Iowa," says former Iowa Congressman Jim Leach...

Author: /time Magazine | Title: Why Grassley Turned on Health-Care Reform | 9/3/2009 | See Source »

...leaders have made no secret of their anxiety about it. "Senator Grassley has been given no authority to negotiate anything by all of us Republicans on that committee," said Jon Kyl of Arizona, the Senate GOP whip. What's more, Grassley's term as ranking Republican on the powerful tax-writing panel will expire at the end of 2010; he stands to assume that spot on the Judiciary Committee, but the Republican leadership could block him from getting it. Things have become so uncomfortable for Grassley at times that he has mused privately about retiring, telling colleagues, "Maybe I should...

Author: /time Magazine | Title: Why Grassley Turned on Health-Care Reform | 9/3/2009 | See Source »

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