In Sharp Focus for Second Term

Summary


President Bush hasn't even taken the oath of office for his second term, yet the nattering naysayers of negativism already give most of his agenda little chance.

News articles pop up everywhere that gloomily point to huge obstacles confronting the president's No. 1 domestic initiative in the New Year: reforming Social Security to let workers voluntarily invest part of their payroll taxes in stocks or bonds. Powerful groups like the AARP oppose it and Democrats threaten to raise every possible roadblock to keep it from passing the Senate.

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Extract


In Sharp Focus for Second Term

Similarly, a week of interviews with big-business lobbying groups here yielded more reasons for Mr. Bush's tax reform plan going nowhere than arguments for passing it. Too many taxpayer constituencies have vested interests ...

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