With just one week to go before the U.S. presidential election, politics dominates the news cycle today, but after November 4, major economic and social questions will return on the top of the agenda, and Americans will await the transition to a new administration with interest.
There will still be much work for the new President and the Congress to do in dealing with the financial crisis, as well as wrapping up the budget process for the next fiscal year, and the new administration will confront a broad range of daunting policy challenges.
In an op-ed in The Daily Telegraph, columnist Anne Applebaum wrote on likely Democratic gains in the House and Senate.
“Not only would higher numbers give the Democrats the ability to pass legislation without fear of a Republican filibuster in the Senate, a two-thirds majority in both the House and the Senate would give the Democrats the ability to override a presidential veto if they so wished. Indeed, a technical two-thirds majority isn’t even necessary, as long as there are enough centrist Republicans to throw in to the mix.”