nytimes.com — The Food and Drug Administration needs far more money than the White House has proposed for next year, senators of both parties said Tuesday. “To us, it’s clear that they’re seriously underfunded,” Senator Herb Kohl, Democrat of Wisconsin, said after a hearing of the Appropriations subcommittee, headed by Mr. Kohl, that oversees the agency’s spending.
nytimes.com — Shareholders were mad about excessive compensation last year, when the economy was booming. This year, governance experts say, they are livid. “They are furious about the dichotomy of experiences — their shares fall, yet C.E.O. pay still rises,” said Paul Hodgson, a senior research associate at the Corporate Library, a governance research group.
nytimes.com — New government research has found “large and growing” disparities in life expectancy for richer and poorer Americans, paralleling the growth of income inequality in the last two decades.
iht.com — A new American isolationism could emerge from discontent over economic issues and the uncertainties Americans face due to economic globalization.
washingtonpost.com — House Democrats handed the president a victory, agreeing not only to drop their demands for $22 billion in additional spending but to also shift funds from their priorities to Bush's.
mcclatchydc.com — Plan would help state and local governments issue tax-exempt bonds for refinancing, and temporarily freeze mortgage rates for tens of thousands.
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Making Sense 2008!
