President Buchanan - Part 2
1997-99: Buchanan assembles his cabinet. Ron Paul becomes Secretary of State. Bob Dole becomes Secretary of Defense. Paul Craig Roberts is appointed as Treasury Secretary. His first few years in office (remembered as the "
Conservative New Deal") are filled with high impact legislation.
- The Industry Restoration Act, installing new tariffs on imports, and cutting taxes on domestic business is steered through Congress in the first months of the administration, against resistance from free-trade Republicans and Democrats.
- Congress passes a balanced budget amendment that requires a 3/5s majority to pass an unbalanced budget. The amendment will be ratified in 1999.
- The first Buchanan budget is a moderate, pragmatic compromise, evidence of the continued influence of moderates over the administration. Tariffs are restored, and a flat tax (of 15%), devised by Forbes, are implemented. The budget also fulfills Buchanan’s campaign promises – by cutting the Department of Education funding by 90% and block-granting education dollars to the states, cutting foreign aid, and withholding aid from the U.N.
- American troops serving in Europe, Japan, and Africa are largely withdrawn. Americans cease to participate in UN peacekeeping missions. America is perceived, abroad, as non-interventionist and is consequently more popular.
- Buchanan’s 1998 Budget is his first budget developed outside the influence of moderates. The budget is balanced and several departments and agencies are de-funded or abolished.
- Buchanan, ends racial discrimination and quotas in the federal government.
- The Border Patrol receives an infusion of funding. Plans are made for the construction of a wall along the border (which will be completed in 2003).
- Congress passes the legislation to end chain migration, set up a points system, and limit green cards to 250,000 per year.
Democrats makes gains in the midterms but the GOP keeps the majority in both houses.
2000: Senator Paul Wellstone defeats Al Gore for the Democratic nomination and picks Jeanne Shaheen as his running mate.
Buchanan wins the nomination unopposed after he successfully sidelines several potential challengers.
Buchanan receives a further boost shortly after the GOP convention, when Wellstone is diagnosed with a mild form of multiple sclerosis, previously claimed to be ‘an old wrestling injury’. Public unease over the injury manifests itself in the polls: briefly, Buchanan takes a 20 point lead.
The first two Presidential debates are spirited with Buchanan defending his record and making the case for his “conservatism of the heart”, and Wellstone making his case for a “compassionate society”. The final debate is more temperate, with both candidates attempting to present a moderate image.
Buchanan wins the popular vote, 51.4%, to 47.9%. Buchanan wins in the Electoral College 335-203.
In the Senate, The GOP wins a filibuster proof majority. The Republicans gain over 8 seats in the House of Representatives.