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...drug lobby argues that an $80 billion commitment is not inconsequential. At least $30 billion will go directly toward discounts that lower the cost of drugs to seniors who get caught in Medicare's infamous gap in coverage known as the "doughnut hole." But the real boost that the drug lobby is giving to the health-reform effort is a political one. Ken Johnson, a spokesman for the Pharmaceutical Research and Manufacturers of America, insists his organization is wholeheartedly behind the idea of comprehensive health reform. And as he puts it, "We are a force to be reckoned with...

Author: /time Magazine | Title: PhRMA Deal Puts Obama, Congressional Dems at Odds | 8/7/2009 | See Source »

...Under the German program, which started in February, anyone who scraps a car that is at least nine years old can apply for a government subsidy of $3,600 toward the purchase of a new car. The German federal government has earmarked about $7 billion for the plan, which has been so popular that car sales in Germany could hit a 10-year high of 3.5 million vehicles this year...

Author: /time Magazine | Title: Germany's Cash-for-Clunkers Black-Market Scandal | 8/7/2009 | See Source »

...While Washington waits for vaccines, the government is moving toward a wartime footing. The Department of Education is encouraging schools to prepare take-home study packets so kids can continue learning if their schools close. The Department of Labor has been drafting guidance for employers who may be hit by thousands of parents who need to stay home with their kids. All of it is being done very quickly for a threat that is unknowable and, scientists say, fast approaching. "Early on, there were some folks who said you can't go out and talk about this because...

Author: /time Magazine | Title: Inside the Fight Against a Flu Pandemic | 8/6/2009 | See Source »

...natural first line of defense. In Castro Valley, Calif., for example, Proctor Elementary's PTA raised $17,000 during the 2008-09 school year through a walkathon, an auction and a $60-per-child suggested contribution to the PTA. The group was able to put that money toward the salary of a paraprofessional whose job was endangered. "The state is supposed to provide the black-and-white essentials of a good education, and the PTA fills in the color," says California state PTA president Jo Loss, whose schools have had to deal with a round of budget cuts that might...

Author: /time Magazine | Title: Can a PTA Bake Sale Save a Teacher's Job? | 8/6/2009 | See Source »

...faces double-digit inflation, shrinking government coffers that may not support his expensive populist programs, and spiraling unemployment, particularly within the restless youth population. The regime's obstinacy on the nuclear issue may bring further debilitating international sanctions, which, combined with slumping oil prices, may push fellow conservatives toward a vote of no confidence in their leader. (Watch TIME's video "Iranian Rockers Unite for Freedom...

Author: /time Magazine | Title: Street Protests Continue with Ahmadinejad New Term | 8/6/2009 | See Source »

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