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GORDON SMITH, Republican Senator from Oregon, on the Democrats' defeating a G.O.P.-crafted bill that tied a minimum-wage increase for the working class--a favorite issue with the Dems--with a federal estate-tax decrease for the wealthy, a cause pushed by Republicans...

Author: /time Magazine | Title: Verbatim: Aug. 14, 2006 | 8/6/2006 | See Source »

...Congressman who is running to replace retiring Bill Frist as Senator from Tennessee has voted to outlaw gay marriage and to repeal the estate tax, and wants to amend the Constitution to ban flag burning. He supports getting rid of the handgun ban in the nation's capital and says the Ten Commandments should be posted in courtrooms around his state. He favors school prayer, argues that more troops should have been sent to Iraq and wants to seal the border with Mexico. He likes to tell a story about the time he campaigned at a bar called the Little...

Author: /time Magazine | Title: Why Harold Ford Has a Shot | 8/6/2006 | See Source »

...really the first full test of Homeland Security and it failed stunningly and astonishingly,” he says.And while he calls the performance of the federal government “absolutely, outrageously flawed,” Horne says he still believes in the future of New Orleans. With tax credits and federal aid now pouring into the city, Horne says, “New Orleans could be on the cusp of another boom.”Horne, who was a member of The Advocate at Harvard, says his time at Harvard prepared him for the challenges of Katrina because...

Author: By Casey N. Cep, CRIMSON STAFF WRITER | Title: Horne Writes About Katrina | 8/4/2006 | See Source »

Jared Kushner’s father, Charles B. Kushner, is a prominent property developer who has donated heavily to Democratic candidates over the years. He was sentenced to two years in prison last year after being charged with tax evasion, witness tampering and making illegal campaign contributions...

Author: By Paras D. Bhayani, CRIMSON STAFF WRITER | Title: Kushner Buys NY Observer | 8/4/2006 | See Source »

...response to questions from TIME Thursday, Lamont's campaign manager, Tom Swan, said the candidate was not actively controlling the investment. "He does not own any stock directly, it's not a direct holding," he said. Part of the Wal-Mart stock is held in a Goldman Sachs "Tax Advantaged Core Strategies managed account," according to a letter released Thursday by Swan. He said the account is designed to track the S&P 500 index, and that Goldman Sachs makes the investment decisions for the account...

Author: /time Magazine | Title: An Embarrassment of Riches for Lieberman's Challenger | 8/4/2006 | See Source »

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