With Democrats in control of Congress, 2007 will usher in an era of renewed government oversight. At the same time, the slim majority in Congress means it is unlikely that 2007 will be a time for passing legislation unless it is truly bipartisan. For advocates of fairness, honesty, and accountability in government, it is likely to be a busy and exciting year. However, for those who hope for increased spending on low-income programs and social justice initiatives, it may prove disappointing.
Fiscal Policy