To: ManyMoose who wrote (195 ) 11/4/2004 5:34:00 PM From: tejek Respond to of 1968 If there was any doubt, here is goes............and this is just the beginning! **********************************************************Bush Says Will Use Political Capital from Election Thu Nov 4, 2004 04:45 PM ET (Page 1 of 2) By Steve Holland WASHINGTON (Reuters) - President Bush said on Thursday he earned "political capital" from the 59 million people who voted for him and will use it to advance a broad agenda that includes protecting America and reforming the intelligence community, the tax code and Social Security. "I earned capital in the campaign, political capital, and now I intend to spend it," Bush told a news conference a day after Democrat John Kerry conceded the election to the president and the two men talked about the need for unity. Bush captured a majority of the national popular vote, winning 51 percent to Kerry's 48 percent, or 3.5 million votes more than the Massachusetts senator. Appearing confident if not a bit tired from the grueling campaign and all-night anguish over the fate of Ohio, Bush said he would seek greater bipartisanship with members of the Democratic opposition in the U.S. Congress after his first term was marred by partisan battles. But he signaled some limits as to how far he would go, saying he would reach out to "everyone who shares our goals." Besides winning re-election in Tuesday's election, Bush saw Republican majorities in the Senate and House of Representatives grow. The top goals he outlined were reforming Social Security And the tax code, two items in which his preferred outcome clashes sharply with that of Democrats. On Social Security, he wants to give younger workers the ability to put some of their income in a personal account that could be invested in bonds and stocks. The cost of shifting to private accounts is estimated at between $1 trillion and $2 trillion, and Bush has yet to say how he would pay for it. And Democrats fear Bush would alter the tax code's reliance on a progressive tax system to perhaps a flat tax system that would hurt the poor and middle class and favor the wealthy. Bush has given few details of his tax plan, saying he will appoint a task force to study possible changes. Bush also wants an agreement on Capitol Hill on reforming intelligence after a report on the Sept. 11, 2001, attacks cited widespread intelligence failures. An attempt was made to complete a deal before the election but negotiations bogged down how much power to give a new intelligence director. "I readily concede, I've laid out some very difficult issues for people to deal with," Bush said and noted that one of his disappointments with Washington "is how bitter this town can become and how divisive." But he said he believed there would be good will and that he has become seasoned to the capital's ways in his first term. Continued ... reuters.com