February 12, 2003

The newspaper accounts of the President's economic proposal suggests that even under ideal circumstances the program will be a tough sell on Capitol Hill. Changes on the President's economic team have made the sale of the program even more difficult. The press has reported that the chairmen of both the Senate budget and finance committees are even discussing scaling back some of the ideas. The current situation is reminiscent of the second Reagan tax rate cuts, at the time the pundits did not give the proposal much of a chance of passing either. Also, if recent history is a guide, most of the President's positions seem to erode until he gets fully behind them and pushes them through. Don't sell the plan short.

You must have an active account to view these reports. You may register for a trial here

Download Complete Report in PDF Format

Download Complete Report in Word Format