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ANALYSIS:
With a set of proposals that will increase federal spending to $3.7 trillion next year now on the table, policy analysts, including some Democrats, are asking whether President Obama is promising more than he can deliver and more than taxpayers can afford.
Mr. Obama came into office pledging to enact an ambitious agenda to bolster the ailling financial sector, jump-start the economy, provide health care for the uninsured, address global warming, overhaul the nation's energy policies, save Social Security and Medicare and pour billions more into education. And that's just for starters.
Now analysts have begun asking whether the president's lengthy shopping list is more than Congress can handle, or whether a debt-ridden, weakened economy can bankroll all his plans without falling deeper into a financial hole.
"He has wagered his presidency on the proposition that the U.S. budget and political system can simultaneously absorb an economic stimulus, bail-outs of financial institutions, the housing sector and the automobile industry, comprehensive regulatory reform ... and a social-democratic program not seen since the days of Lyndon Johnson, perhaps even Franklin D. Roosevelt," writes William A. Galston, a Brookings Institution analyst who was President Clinton's chief domestic adviser.
"A key question is whether the public will support, and Congress will enact, a program that relies so heavily on the capacity of the national government to serve as an effective instrument of national purpose. This is in part a question of fiscal capacity," Mr. Galston wrote recently in the Sunday Times of London.
But whether the new administration succeeds in getting all that it wants from Congress will "depend as well on Obama's ability to manage his agenda" and steer it through a legislative minefield on Capitol Hill, he adds.
Norman Ornstein, senior political analyst at the American Enterprise Institute, has raised the question of whether Congress is "even capable of handling so many projects at once."
Other analysts say an object lesson for the challenges Mr. Obama faces can be found in the presidencies of Ronald Reagan and Jimmy Carter.
Mr. Reagan focused on just a few big priorities, getting the economy growing again, controlling spending and boosting the defense budget in the midst of the Cold War. Mr. Carter, on the other hand, made a "flood of proposals [that] soon had Congress bogged down in near-gridlock. By the end of his first year, America was beginning to wonder whether Carter was up to the job," Mr. Galston said.








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