Regulation that the country has long needed, but which the fund industry fought off, will surely be enacted in the next year or so, allowing regulators to more closely track hedge funds, to prevent a recurrence.
It starts with the $1 billion in scheduled appropriations cuts over the next ten years as enacted in the Budget Control Act of 2011.
One of the first major economic tests of the next administration will be how it addresses the expiration of individual income tax reductions enacted in the early months of the Bush presidency.
Tax credits enacted in the stimulus go away.
In Britain, Prime Minister David Cameron's government on Wednesday announced 11.5 billion pounds, or $17.5 billion, more of spending cuts to be enacted over the next few years.
State Medicaid programs covered approximately 48.6 million persons in 2010, and is expected to grow substantially when the Patient Protection and Affordable Care Act is fully enacted over the next several years [ 11].
If Congress enacts reform in the next few weeks — and the odds are growing that it will — it will do so without any Republican votes.
Enacted in 2002 to prevent the next Enron scandal, Sarbox has thrown sand into the gears of entrepreneurship.
In a July letter to the president, Energy and Commerce Committee Chairman Fred Upton, joined by his colleagues in the Michigan delegation, urged the administration to exercise moderation in enacting the next CAFE limits.
If hearings show a decline in workload somewhere, then unpack some courts prospectively rather than during a presidency of the other party (see rules on prospective congressional pay increases and presidential term limits enacted in 1947 for whoever the next president would be).
The administration expects that if its proposal is enacted into law, the next president will confront a $409 billion deficit next year.
