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...California, tax revenue enhancements must be voted on in a special election. On May 19, voters will determine the fate of $5.8 billion in measures, which also include a permanent state spending cap (which would extend the tax hikes from two to four years) and whether or not to divert money from children's services, mental health programs and the lottery into state coffers...

Author: /time Magazine | Title: With a New Budget, Now Californians Brace for the Pain | 2/21/2009 | See Source »

...According to an MCB professor familiar with the discussions, the new plan would divert funds originally intended for the science complex in Allston to renovate Fairchild for its new residents. Several stem cell labs, including those of renowned professors Douglas A. Melton and Kevin Eggan, are already located in Fairchild...

Author: By Esther I. Yi and Peter F. Zhu, CRIMSON STAFF WRITERSS | Title: Move to Allston Uncertain for Stem Cell Department | 2/2/2009 | See Source »

...Thus did a film critic survive his day in civvies, catching three ordinary, not awful movies. At a film festival, I might see five or seven films from the world's banquet of arty would-be masterpieces. None of this weekend's have aspirations other than to divert audiences and make a few bucks, both of which goals they have already achieved. That's the saving grace of Hollywood: it can attain a fairly high level of mediocrity - junk food that tastes pretty good...

Author: /time Magazine | Title: Mall Cop and Other Disreputable Pleasures | 1/20/2009 | See Source »

Dodd has been given the unenviable task of coming up with a compromise bill in a matter of days before Congress adjourns for the year. One solution would be to divert the $25 billion from the modernization fund and then take $9 billion more from the bank-bailout funds. In this scenario, the Senate would pass the measure first, but whether such a move would pass the House is far from certain, as leadership from both sides of the aisle have voiced opposition to pieces of such a plan...

Author: /time Magazine | Title: Big Three Bailout Hits Some Speed Bumps in Washington | 12/4/2008 | See Source »

...Democrats had been looking to divert $25 billion of the $700 billion bank-bailout funds allocated in September to help the automakers, a move opposed by many Republicans critical of an industry that has long resisted tighter fuel-efficiency standards, continued to invest in gas-guzzling trucks and SUVs even as oil prices soared and given its union unsustainably generous deals on salary and benefits. "I don't believe this is a good idea, to take $25 billion and give it to the three major car companies, which I think have a business plan that's doomed to fail," Senator...

Author: /time Magazine | Title: The Auto Bailout May Wind Up on Obama's Plate | 12/3/2008 | See Source »

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