BUSINESSWEEK ONLINE : NOVEMBER 20, 2000 ISSUE
COVER STORY

What the New President May Accomplish


EDUCATION
Congress may be asked to pass legislation that includes more testing for students and teachers, additional funds for new schoolrooms and teachers' pay. But GOP-backed school vouchers will be sent to the back of the class on Capitol Hill.

HEALTH CARE
A modest patients' bill of rights, which gives managed-care enrollees a limited right to challenge health insurers in court, could be a peacemaking overture in a polarized Congress. Both Republicans and Democrats could unite around the issue.

PRESCRIPTION DRUGS
Since both major party candidates campaigned on the issue, Congress may enact a plan that gives seniors government subsidies. It would rely on a mix of traditional Medicare and private insurance.

TAXES
Some middle-class tax relief seems assured. Key elements: marriage-penalty and estate-tax relief and new breaks for education, health insurance, and long-term care. The price will be scaled back from Bush's $1.6 trillion. But if the economy slumps, odds for modest rate cuts improve.

DEFENSE
Both parties seem ready to increase Pentagon spending for military pay and readiness. But a costly new Star Wars antimissile program will have a hard time getting off the ground.

TOUGH SLEDDING
The new President will lack the clout to deliver Social Security reform based on private investment accounts. Also in doubt, broad-based Medicare reforms using stringent cost controls, major new trade expansion, and polarizing social issues such as strict abortion curbs and expansion of family leave.



_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

BACK TO TOP


RELATED ITEMS
What's the Mandate?

COVER IMAGE: What Mandate?

TABLE: What the New President May Accomplish

TABLE: A Divided Electorate

Why the Electoral College Lives On

When the Center Is a Moving Target

TABLE: The New Face of Congress

Commentary: The Punishing Price of Nader's Passion

TABLE: Where Nader Was a Factor

Status Quo Plus on Ballot Initiatives

TABLE: Tinkering at the Edges



INTERACT
E-Mail to Business Week Online

 
Copyright 2000-2009, Bloomberg L.P.
Terms of Use   Privacy Notice