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...year ($250,000 for two-earner households) by returning their tax rates to the levels that prevailed before 2001. McCain's partial answer is that he will cut government spending. But both are also pledging big tax cuts. The Tax Policy Center, a joint venture of the left-leaning Urban Institute and Brookings Institution that also has a reputation for getting its numbers right, estimates that Obama's tax proposals would increase the deficit by up to $3.5 trillion over the next decade, while McCain's would increase it by up to $8.6 trillion. That doesn't count possible spending...

Author: /time Magazine | Title: Time to Pay the Price | 10/31/2008 | See Source »

...Urban fantasy, paranormal romance, romantic fantasy. Call it what you will, but the immensely popular genre most recently featured in HBO's True Blood owes everything to Laurell K. Hamilton, who launched her Anita Blake: Vampire Hunter character 15 years ago. Hamilton has since started another series, starring faerie queen Merry Gentry. She talked to TIME about sex in America, acting as therapist for fans, and why she became a Wiccan...

Author: /time Magazine | Title: Vampire Novelist Laurell K. Hamilton | 10/30/2008 | See Source »

...Participants in the talks, including officials from the Treasury Department, the Federal Deposit Insurance Corp. (FDIC), the Department of Housing and Urban Development (HUD) and other agencies, are focusing on two possible plans, say sources familiar with the discussions...

Author: /time Magazine | Title: The Next Bailout: Helping Homeowners in Distress | 10/30/2008 | See Source »

...second plan being discussed calls for the expansion of existing housing-assistance programs run by the Department of Housing and Urban Development, according to an Administration official. The official said there were advantages to using existing HUD programs rather than starting a new one from scratch, adding that it was unclear who would administer the FDIC's plan. "There's a lot of work to do to flesh out [Bair's] idea," the official said. Congress and both candidates for President have also discussed potential homeowner-bailout programs of their...

Author: /time Magazine | Title: The Next Bailout: Helping Homeowners in Distress | 10/30/2008 | See Source »

...plus bad choices plus crime add up to ... What? Should we compare the media coverage of the Hudsons unfavorably with that of white victims like JonBenét Ramsey and Chandra Levy? Must it take an Academy Award to make one family's trauma stand out against a drumbeat of urban crime...

Author: /time Magazine | Title: The Moment | 10/30/2008 | See Source »

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