Pelosi Calls For a First "100 Hours"
by Chris Bowers, Fri Oct 06, 2006 at 08:43:23 AM EDT
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," she 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. "We believe in the marketplace," Pelosi said of Democrats, then drew a contrast with Republicans. "They have only rewarded wealth, not work." Not a bad start, but I certainly hope they also have election reform and oversight of both Iraq and the executive branch on their plates as well. Failure for a Democratic House to address those tow issues would be catastrophic.