What will we see
in first 100 days?
Donald Trump – Silhouette photo by Brendan Smialowski
By
Mike Cetera
Source: bankrate.com
Wednesday,
November 9, 2016
Posted:
2 am ET
Donald
Trump's victory was a polling surprise, but he has had plans for some time for
making a big splash when he enters the White House.
That
would make this unconventional candidate very conventional when it comes to new
presidents.
When
Franklin Roosevelt assumed the presidency on March 4, 1933, the United States
was on the brink, with joblessness and homelessness gripping the country.
But
Roosevelt's approach to his first 100 days in office was a roaring success, as
he cajoled Congress to approve the foundation of what was to become the New
Deal. His efforts eventually brought the nation out of the Great Depression and
set the tradition of presidents and the opening sprint.
With
GOP control of Congress, Trump might have a fairly easy time pushing his agenda
forward, particularly on issues that have been at the core of Republican
philosophy.
First,
Trump may have to tamp down doubts about his own abilities to govern before --
and after -- he takes office, as the stock market is expected to fall in the
wake of his victory. (A reminder: If you're investing in the market for
retirement, today you should be thinking about the long-term.)
If
Trump can weather whatever storm of uncertainty his presidency stirs up, he has
laid out an ambitious outline for what he wants to accomplish during his first
few months in office.
Jobs
and trade
Trump
has long derided the effects of the North American Free Trade Agreement,
calling the pact between the U.S., Canada and Mexico the worst trade agreement
the country has ever signed. He has pledged to renegotiate or withdraw the
country from NAFTA, which he has called a job-killer.
The
president-elect also promises to kill U.S. support for the 12-country
Trans-Pacific Partnership, another trade agreement, albeit one that has not
been ratified.
Further,
Trump says he will approve "vital energy infrastructure projects, like the
Keystone Pipeline," which would allow for an increased oil supply from
Canada.
Health
care
Trump
has sided with his Republican counterparts in the House and Senate when it
comes to repealing the Affordable Care Act. He has promised to make this one of
the first things he pushes when he enters the White House, calling for a
rollback of President Obama's signature legislation during a special session of
Congress.
Immigration
reform
During
his first 100 days in office, Trump has pledged to "begin removing the
more than 2 million criminal illegal immigrants from the country and cancel
visas to foreign countries that won’t take them back," according to his
website.
He's
talking about people here illegally who have been convicted of a crime,
although it's not clear if his
figure is correct.
The
Supreme Court
Earlier
this year, Trump released a list of 20 judges from which he said he would pick
future nominees to the Supreme Court. Up first, replacing Justice Antonin
Scalia, who died in February, leaving a vacant seat that Republicans in the
Senate have refused to let Obama fill.
A
recent analysis in The New York Times found that the ideology of potential
Trump nominees are "widely dispersed."
Tax
reform
Trump
has called for broad tax cuts for both individual taxpayers and businesses.
Most Americans would see an increase in take-home pay as a result of Trump's
policies, although the non-partisan Tax Foundation found that Trump's plan
could lead to significantly higher budget
deficits.
Governmental
reform
During
recent Trump rallies, he has focused on a theme of "draining the
swamp."
The
policies attached to this meme focus on changing how politicians and
bureaucrats work in Washington, D.C. Trump says he will:
Propose
a constitutional amendment that would impose term limits on all members of
Congress.
Enact
a hiring freeze for all federal government positions, with the exception of
military, public safety and public health employees.
Pitch
a 5-year ban on White House and congressional officials from becoming lobbyists
after they leave the government.
