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...late to affect the problem. To pre-empt his critics, Bush could redesign his proposal to provide accelerated benefits. One possibility being discussed among his advisers would be to change the formula by which payroll taxes are withheld, as his father did in 1992. That would put extra cash in taxpayer pockets quickly...

Author: /time Magazine | Title: Is a Tax Cut the Right Remedy? | 12/30/2000 | See Source »

...projection expects government spending to stay level, which it won't, and for certain existing tax credits to be allowed to expire, which they won't. (And a real, multi-year recession would of course make those surpluses disappear very fast.) But an extra $1.4 trillion is a heck of a lot of breathing room, and Democrats will be hard-pressed to argue that even Bush's now-enlarged proposal (it's $1.6 trillion from 2002-2011 instead of the old $1.3 trillion from 2002-2010) will break the fiscal bank...

Author: /time Magazine | Title: The Selling of the Tax Cut: First Stop Greenspan | 12/27/2000 | See Source »

...Rage fans will have to make do with what could be the band's final studio CD, the magnificent Renegades (Epic). The project started as a live album with a few bonus studio tracks that paid tribute to musical rebels. The extra tracks turned out so well that the band members decided to turn the CD into a collection of cover songs. Renegades includes songs by the hip-hop duo Eric B. and Rakim (Microphone Fiend), punk pioneers MC5 (Kick Out the Jams) and even folk rocker Bob Dylan (Maggie's Farm). Rage's versions radically transform the originals, altering...

Author: /time Magazine | Title: Music: In Full Revolt | 12/25/2000 | See Source »

...faint. Manual counting in precincts that use machine voting thus increases the number of votes tabulated for both parties. Machines do not favor one candidate or the other, and the percentage of votes obtained by each party usually remains the same after a fair manual recount--unless extra ballots turn up. A manual recount using different standards to decide voter intention can be exceedingly unfair. We should avoid manual recounts or insist that they have uniform standards in all precincts. JOHN S. NISBET State College...

Author: /time Magazine | Title: Letters: Dec. 25, 2000 | 12/25/2000 | See Source »

...Rodriguez have unique talents and skills. So much so that people willingly pay to see them in action and buy the products they endorse. If Sullivan doesn't think the athletes should be allowed to bargain for their compensation because they "get to play," then who should get the extra money that a Tiger or an A-Rod attracts? The team owner or league president in the corner office who has none of the talents or skills that fans pay to see? STEPHEN VELIE Norwalk, Conn...

Author: /time Magazine | Title: Letters: Dec. 25, 2000 | 12/25/2000 | See Source »

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