Word: democratizes
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...balance, there's widespread agreement among those who study retirement matters that the 401(k) has so far proved a less-than-adequate replacement for disappearing corporate pensions. "It may be a good tax-free-savings system for wealthy individuals," sums up George Miller, the California Democrat who chairs the Education and Labor Committee and plans to spearhead a re-examination of the 401(k). "It may not be the best retirement-savings system for working families...
President-elect Barack Obama's Administration-in-waiting is quietly exploring options for negotiating a bailout of the ailing auto industry when the Democrat takes office in January. While no one is ruling out the possibility that Congress will appropriate money next week, a senior Obama aide told TIME, there is a sense that a comprehensive solution is unlikely to come from whatever legislative action Congress may take before the end of the year...
...battle we face is not of Republican versus Democrat but of the indifferent versus the committed." - on prioitizing the needs of Africa, as President George W. Bush was coming into office, Associated Press...
...Ryan D. Zampardo, a senior in Mather House, the first difficulty in attending the upcoming presidential inauguration is getting a ticket. A Democrat from Michigan, he has contacted his local representative in Congress but has not yet received a response. But even if he succeeds, he will face a possibly more difficult situation than national politics: January 20, the day of the inauguration, is in the middle of the College’s final exam period, and Zampardo happens to have a test that day, one that counts for 40 percent of his grade for the class and may prevent...
...really, there's no such thing as a "filibuster-proof 60-seat majority," even if Martin pulls off an upset and Al Franken wins his recount against Republican Norm Coleman in Minnesota and Joe Lieberman still counts as a Democrat. Senators don't always vote in partisan lockstep; President Barack Obama could succeed in recruiting Republicans on some issues with a 58-seat Democratic majority, and he could find himself stymied by defections on some issues with a 62-seat Democratic majority. In the Senate, even one determined naysayer is capable of grinding the institution to a halt...