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...Times could spin off The Globe to a newly-created foundation chaired by local civic and business leaders. This would allow The Times to free itself from subsidizing The Globe's losses, and allow The Globe to both significantly reduce its tax liabilities and raise donations from readers. These improvements, on top of The Globe's existing advertising and subscription base, would let the paper avoid closure—and perhaps significant layoffs as well. And unlike for most papers, the actual conversion of The Globe to a non-profit would not cost money; after all, there are no owners...

Author: By Paras D. Bhayani | Title: Breaking the News | 4/29/2009 | See Source »

...record when the 52 U.S. diplomats held hostage by Iranian militants for 444 days were released on Jan. 20, 1981 - the same day on which he took office. Reagan's next 99 days were a bit more subdued, but they still featured $41.4 billion in proposed budget cuts, large tax breaks, the formation of an oversight council to combat government corruption and a dramatic assassination attempt. When John Hinckley Jr. shot Reagan on March 30, 1981, the President's approval rating jumped as high as 68%, but by the 100-day mark, it had settled back down to about...

Author: /time Magazine | Title: The 100-Day Benchmark: It All Started with Napoleon | 4/29/2009 | See Source »

...During George W. Bush's two terms in office, Specter voted in favor of the Patriot Act (playing a critical role in re-authorizing the bill), retroactive telecom immunity, the U.S. invasion of Iraq, and Bush's controversial tax cuts, among other right-wing measures that have drawn the ire of moderate Republicans and Democrats alike...

Author: /time Magazine | Title: Arlen Specter: A Republican No More | 4/29/2009 | See Source »

...played a pivotal role in defeating the Supreme Court nomination of conservative icon Robert Bork in 1987 and famously invoked Scottish law to vote "not proved," therefore not guilty, in Bill Clinton's impeachment trial. Yet Democrats should not forget that he voted for George W. Bush's tax cuts and Supreme Court nominees and the Iraq invasion...

Author: /time Magazine | Title: Where Specter's Big Switch Leaves the Senate | 4/29/2009 | See Source »

...budget proposal includes an increase in property tax in order to make up for a $8.7 million reduction in state aid to Cambridge. The tax increase comes on the heels of a similar bump last year...

Author: By Danella H. Debel, CRIMSON STAFF WRITER | Title: 2010 Budget Drafted Despite Uncertainty | 4/28/2009 | See Source »

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