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...blinker in the bunch. And the conversation was essentially the same as it has been for the past 20 years: the sky is falling; the budget and trade deficits can't be sustained. But now, the stakes have been raised by the cascade of contradictory Bush blinks-sharp tax cuts, exploding Medicare benefits, the Social Security hand grenade-plus the apparent disappearance of the Republican Party's traditional fiscal restraint. "The conventional wisdom is too cheerful," joked Maya Macguineas, the group's president, surveying the prevailing gloom. But when she asked the assembled wizards why these impending disasters weren...

Author: /time Magazine | Title: The Blink Presidency | 2/20/2005 | See Source »

...third-most liberal Republican (48.3) in the Senate last year probably won't help him in the Republican primaries. Asked about the rankings, McCain said "over 22 years, I've been far more on the conservative side" and blamed his ranking in part on his opposition to additional tax cuts that many in his party support but he thinks will add to the deficit. Allen said "I just vote my conscience, adding that he considers himself "a common-sense Jeffersonian conservative." (Never mind that the third president was a founder of today's Democratic Party...

Author: /time Magazine | Title: Capital Letters: Arnold Comes to Town | 2/17/2005 | See Source »

Sneakiest Tax Hike...

Author: /time Magazine | Title: It's Your Money. He Just Spends It | 2/14/2005 | See Source »

...projection, adding items not in the budget -- Operations in Iraq; war on terrorism/Alternative Minimum Tax reform/Social Security private accounts -- 2.4% ($385 billion...

Author: /time Magazine | Title: It's Your Money. He Just Spends It | 2/14/2005 | See Source »

...time President Bush and congress take their cue from the American people and examine their priorities in spending our tax dollars. We've spent $130 billion on the war in Iraq and only $350 million for tsunami-disaster relief. That's shameful. Roger Goode Hillsborough, New Hampshire...

Author: /time Magazine | Title: Letters | 2/14/2005 | See Source »

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