BUSINESSWEEK ONLINE : DECEMBER 25, 2000 ISSUE
GOVERNMENT What Washington Might Deliver FISCAL POLICY Tax cuts may be about half the $1.6 trillion Bush promised, with relief from the estate tax and the marriage penalty. Caps on individual retirement accounts and 401(k) contributions may be raised. HEALTH CARE Passage of a patients' bill of rights is likely, and possibly a new Medicare drug benefit for seniors. A sleeper issue: Expanded health coverage for the uninsured. DEFENSE SPENDING The Pentagon's procurement budget will rise. But the Star Wars anti-missile defense system will be a lot leaner than Bush promised. MONETARY POLICY Pressure to cut rates will grow as the economy slows. But don't look for the Fed's Greenspan to abort the soft landing too quickly. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _					RELATED ITEMS Can Bush Heal the Nation? TABLE: Challenges Facing Bush With Allies Like These, Who Needs Democrats? Commentary: Justice Ran Out the Clock ``Sand in the Gears of Government'' TABLE: What Washington Might Deliver Commentary: Lessons of the Fiasco TABLE: What We Learned from the Election Mess Who Won the New Economy Voter? TABLE: Dissecting the Vote INTERACT E-Mail to Business Week Online

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