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...while making no structural changes in his tax cut - which, in its current House-approved form, provides only $5.6 billion in retroactive benefits for 2001, while the "downturn, baby" is actually happening. And Senate Democrats have finally gotten around to calling his bluff, planning Tuesday (before Bush speaks) to unveil a $60 billion retroactive tax cut that they say can go into effect immediately...

Author: /time Magazine | Title: Will Bush Bite the Bullet on Taxes? | 3/27/2001 | See Source »

While ETS is mining the whole K-12 market, the College Board has its eye on middle schools. This spring the company will unveil new math and English curriculums and tests designed to be like AP courses for seventh- and eighth-graders. College Board president Gaston Caperton says middle schools "are crying out" for such programs. Researchers at the College Board have also developed an SAT for eighth-graders, complete with developmentally appropriate math and verbal reasoning sections, to get kids thinking about college even sooner than they already...

Author: /time Magazine | Title: Making Another Big Score | 3/12/2001 | See Source »

Last month, executives of Richard Branson's Virgin companies rode a dingy and slightly delayed rail car-not, as it happened, one of Sir Richard's-up to England's East Midlands to unveil the first of a new line of super-fast tilting trains. The jet-shaped thing only crawled along a test track, but it would have been a beautiful sight for any boy who loves trains...

Author: /time Magazine | Title: Middle Aged Virgin | 3/5/2001 | See Source »

...While ETS is mining the whole K-12 market, the College Board has its eye on middle schools. This spring the company will unveil new math and English curriculums and tests designed to be like AP courses for seventh- and eighth-graders. College Board president Gaston Caperton says middle schools "are crying out" for such programs. Researchers at the College Board have also developed an SAT for eighth-graders, complete with developmentally appropriate math and verbal reasoning sections, to get kids thinking about college even sooner than they already...

Author: /time Magazine | Title: Making Another Big Score | 3/4/2001 | See Source »

Reusser insists his primary goal is not so much making money as changing the law. He may be about to get what he wants. The federal government announced plans this autumn to decriminalize personal possession and consumption of cannabis. Sometime this spring it will unveil proposals to regulate shops and growers, a move that could involve Dutch-style tolerance, subject to a few conditions: sales restricted to certain outlets and forbidden to minors or foreigners. After parliamentary debate, a new law could take effect in 2002. "We certainly don't want to become a country which exports cannabis," says Zeltner...

Author: /time Magazine | Title: Going Up In Smoke | 2/19/2001 | See Source »

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