BIG PROMISES.
Can Bush deliver? A split Congress may mean heavy weather ahead.
In the campaign, President-elect Bush made many promises to voters. But most of them require passing new laws, and Congress is divided. With the help of Brookings Institution Congress expert Sarah Binder, UPFRONT rates the new chief's chances of achieving five key goals.
TAX CUT
THE PROMISE: To cut taxes by $1.3 trillion over 10 years. "We will reduce tax rates for everyone, in every bracket."
THE ISSUE: The budget is in surplus, so there is money. But Bush also wants to spend on Social Security. Is there enough for both? Democrats doubt it; they also say Bush's tax plan favors the rich.
THE FORECAST: For the big package, cloudy. Even Republican House Speaker Dennis Hastert prefers a narrower approach--starting, say, with a smaller tax cut aimed at married couples.
SOCIAL SECURITY
THE PROMISE: "We will give you the option--your choice--to put part of your payroll taxes into sound, responsible [private] investments. This will mean a higher return on your money."
THE ISSUE: The system that provides income for elders and the disabled faces a probable financial shortfall in a couple of decades. But Democrats warn that private Investments go down as well as up.
THE FORECAST: Chilly. Social Security is "a polarizing issue," says Binder, and there's no instant crisis. "Why should Democrats give up their own views to reach across the aisle if there's no emergency?"
DEFENSE
THE PROMISE: To beef up America's military. "It starts with a billion-dollar pay raise for the men and women who wear the uniform."
THE ISSUE: Democrats say U.S. armed forces are now the envy of the world. Republicans say they're underfunded, undersupplied, and stretched too thin.
THE FORECAST: Partly sunny. It's easier to split the...
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