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...part of the $3.5 trillion budget he proposed on Thursday, President Barack Obama is pushing for a down payment on universal health care, a reserve fund of $634 billion over 10 years paid for by higher taxes on the wealthiest Americans and savings from government programs like Medicare and Medicaid. By putting the funding on the table before the program has even been crafted, though, Obama is essentially putting the cart before the horse. Many health-care analysts hope to see more details of the President's plan during a White House health-care summit expected...

Author: /time Magazine | Title: Obama Moves Health Care to the Front Burner | 2/26/2009 | See Source »

...momentum Obama has breathed into the talks this week, including the breakout session on health in his fiscal-responsibility summit on Monday, the underlining of his commitment to health-care reform in his address to the joint session of Congress on Tuesday and in his budget announcement on Thursday, and his announcement of a health-care summit for next week. "This is a frank and respectful discussion that essentially began in earnest on Monday," says Dr. Nancy Nielsen, president of the AMA. "What we're hearing from him is that there is an urgent need for health-care reform...

Author: /time Magazine | Title: Obama Moves Health Care to the Front Burner | 2/26/2009 | See Source »

...Last Thursday, the Zimbabwean exchange reopened with a massive sell-off. It remains to be seen whether the new government can restart Zimbabwe's economy, but the effects of its efforts are being felt among Harare's stockbrokers. The 25-min. workweek may finally be over...

Author: /time Magazine | Title: 25-Min. Workweek on Zimbabwe's Stock Exchange | 2/26/2009 | See Source »

...bigwigs from the Association of Southeast Asian Nations (ASEAN) began gathering at a seaside resort near Bangkok on Feb. 26 for an annual summit, thousands of anti-government protesters wearing crimson shirts congregated at the Thai Prime Minister's office, demanding that Abhisit Vejjajiva hold elections soon. Thursday marked their third day of protest, and the red-hued demonstrators vowed not to cease until their demands for fresh polls were met. (See pictures of last year's protests...

Author: /time Magazine | Title: How Not to Make a Political Fashion Statement in Bangkok | 2/26/2009 | See Source »

...standing demands to the government. The jawans started firing at the guards and soon took full control of the headquarters. "Nearly 50 people have been killed in sporadic fighting," Mohammad Quamrul Islam, State Minister for Law and Parliamentary Affairs, said on Wednesday. But after the Prime Minister's address Thursday, the rebels who had detained several hundred officers and their family members for the past two days started to release them in groups. The leaders of the ruling Awami League and its political allies entered the BDR headquarters in the city numerous times and managed to evacuate the civilians...

Author: /time Magazine | Title: Military Mutiny Challenges New Bangladesh PM | 2/26/2009 | See Source »

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