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...together to draft legislation. The cooperation among committees in both chambers is a break from the 1994 attempt at health-care reform, when committee infighting helped sink that effort. Both chambers have said they intend to see legislation reach the floor before the August recess, though many admit the tougher part will come when the differences between the two versions must be reconciled. "The House bill will be the high-water mark of what we'd like to do with the system," says a Democratic Senate staffer involved in the talks. "Still, we don't have 60 votes...

Author: /time Magazine | Title: Bipartisan Senate Group Makes Health-Care Progress | 3/13/2009 | See Source »

...Financial. From Richmond, Va., to Tulsa, Okla., to Pacific Palisades, Calif., community bankers are hitting the pavement, raising funds a few hundred thousand dollars at a time from stock-market-wary investors. It's not an easy sell, and regulators, spooked by the wave of failures, are making it tougher than ever to win approval. For entrepreneurs who can run that gauntlet, though, the stars are aligned for small independent banks in a way they probably never will be again...

Author: /time Magazine | Title: While the Giants Reel, Many Small Banks Are Thriving | 3/12/2009 | See Source »

...that happens to be divided amongst four non-adjoining buildings (including Dewolfe), it's got to be tough to build a defining house culture. Add to that the fact that many just don’t want to rep shirts that prominently feature these, and it certainly gets tougher. The Stein clubs are, in a word, WEAK. And Lev really lacks those iconic rooms that drive a healthy party scene (those of you who are of party grant age, do you ever remember a Lev party really turning it out?). FlyBy does happen to be the #1 fan of LevSPN...

Author: By Aparicio J. Davis | Title: The Housing Crisis: Leverett House | 3/12/2009 | See Source »

...Insiders say the department is about a month behind its expected pace on appointments - "I'd love to have all these people in place, but these confirmations take time," admits a senior official. Part of the problem may be that Obama has instituted tougher standards for hiring than previous Administrations had. At some agencies, former lobbyists have had to withdraw from contention because of tougher rules on influence peddlers. But Geithner contributed to the problem himself: after it was discovered that he owed $34,000 in taxes, administration vetters cracked down on any sign of improper tax-filing...

Author: /time Magazine | Title: Tim Geithner's Hiring! And His Critics Hope It's Soon | 3/9/2009 | See Source »

...wiretapping powers over concerns from the left about granting telecom giants retroactive immunity for working with the Administration. Most notably, Dodd, against the wishes of the White House, slipped into the stimulus bill tough limits on compensation for Wall Street firms accepting additional federal bailout money. The restrictions were tougher, and more far reaching, than anything Obama had pushed for, and both White House advisers and the investment-banking community claimed that Dodd's provisions could have the perverse incentive of causing firms that really need help to refuse it. "I was sort of surprised by the blowback...

Author: /time Magazine | Title: Connecticut's Chris Dodd Faces a Backyard Rebellion | 3/9/2009 | See Source »

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