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...Appropriations Committee chair Bill Young said flatly the numbers don't add up. Many were worried that the budget just pushes the worst problems down the road, since the costs of Social Security and Medicare will explode as the baby boomers retire. Projected revenue losses from the Administration's tax-cut proposals over five years in this budget total $175 billion; projected losses for the five years following it are more than five times as large: $947 billion...

Author: /time Magazine | Title: '04 Campaign: When Credibility Becomes An Issue | 2/16/2004 | See Source »

...that news. Stewart saved at least $45,000 by selling her shares when she did, for $58.43. A few days after the sale, Merrill Lynch compliance officials quizzed Faneuil about the transaction. He then conferred privately with Bacanovic, who insisted the sale had been made to help Stewart offset taxes on other stock gains. But when Stewart's financial adviser angrily complained to Faneuil that the ImClone shares had been sold at a profit and "screwed up" previous tax calculations, Faneuil went back to Bacanovic. At that point, he claimed, Bacanovic changed his story, saying that Stewart had a standing...

Author: /time Magazine | Title: Oh, My God! Get Martha On The Phone | 2/16/2004 | See Source »

More recently, the handful of ricin cases pursued by the FBI have involved domestic hotheads, not international spies. In 1995, for example, two Minnesota men associated with a tax-protest group called the Patriots Council were convicted for possessing ricin with the intent of using it as a weapon. And in 1993, Canadian customs agents found ricin along with four guns, 20,000 rounds of ammunition and some neo-Nazi literature in the car of an Arkansas survivalist crossing into Canada...

Author: /time Magazine | Title: Homegrown Terror | 2/16/2004 | See Source »

...week, Vermont's law was the most famous (thanks to former Governor Howard Dean) as well as the most sweeping. That state's civil unions go well beyond the limited package of benefits usually associated with domestic partnerships and offer everything except the word marriage--inheritance rights, joint state-tax filings, joint adoptions, the whole show. But not the word marriage...

Author: /time Magazine | Title: The Battle Over Gay Marriage | 2/16/2004 | See Source »

...people he meets often lack the soft skills that employers require, like showing up on time, following directions, even knowing how to comb their hair. To be sure, they need better schools and reliable medical insurance, but they also need to know better than to use their precious tax-refund checks to get tattoos. Sometimes they clip coupons and turn up faithfully at job training. Sometimes they get drunk and disorderly. They go in for ill-advised sex and foolish spending sprees. In other words, the working poor are not so different from Paris Hilton, except that they have less...

Author: /time Magazine | Title: Books: Take This Job and Starve | 2/16/2004 | See Source »

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