Tabs highlight issue with static pages set in Settings > Reading

I am using static pages with tabs. In Settings > Reading I have Front page: Home, and
Posts page: Blog. When I am on Blog page the Home tab and Blog tabs are highlighted. When I am on the Home page, no tab is highlighted.

Here is the code in my header which I believe is calling the highlight tabs:

<div id="foxmenucontainer">
                        <div id="foxmenu">

<ul>
                <?php if (is_page()) { $highlight = "page_item"; } else {$highlight = "page_item current_page_item"; } ?>
                        <li class="<?php echo $highlight; ?>"><a>">Home</a>
                        <?php wp_list_pages('sort_column=menu_order&depth=1&title_li=&exclude=1480'); ?>
                </ul>
        </div>
        </div>

I would like to simply have the Home page highlight on Home, Blog on Blog and thats it. Any help would be appreciated. Thanks!