College Democrats | University of Wisconsin - Madison

Sunday, October 08, 2006

Draining the Swamp
What's the plan for the first 100 hours of a Democratic House?

Excerpted from the AP via ABC News:
Day One: Put new rules in place to "break the link between lobbyists and legislation."

Day Two: Enact all the recommendations made by the commission that investigated the terrorist attacks of Sept. 11, 2001.

Time remaining until 100 hours: Raise the minimum wage to $7.25 an hour, maybe in one step. Cut the interest rate on student loans in half. Allow the government to negotiate directly with the pharmaceutical companies for lower drug prices for Medicare patients.

Broaden the types of stem cell research allowed with federal funds "I hope with a veto-proof majority," [House Minority Leader Rep. Nancy Pelosi of California] added in an Associated Press interview Thursday.

All the days after that: "Pay as you go," meaning no increasing the deficit, whether the issue is middle class tax relief, health care or some other priority.

To do that, she said, Bush-era tax cuts would have to be rolled back for those above "a certain level." She mentioned annual incomes of $250,000 or $300,000 a year and higher, and said tax rates for those individuals might revert to those of the Clinton era. Details will have to be worked out, she emphasized.

The Pelosi Plan sounds pretty solid to me.
posted by Adam Lang at 7:37 AM

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