POST ELECTION 2012 - What Will the Next Four Years Bring?

"From Fiscal Cliff to Immigration Reform, What Will the Next Four Years Bring?" PBS Newshour 11/7/2012

Excerpt

GWEN IFILL (Newshour): Now, what issues face the second-term president?

Pressing business awaits the White House and Congress, even before Inauguration Day. A lame-duck Congress is scheduled to go into session next week to deal with the most immediate challenge, a combination of expiring tax cuts and spending cuts -- taxes and spending cuts that could drive the economy toward that so-called fiscal cliff next year.

The president must also still defend his health care law, which remains unpopular, and make good on his promise to jump-start immigration reform.

For a look at those realities ahead, we turn to John Cowan, the president of Third Way, a moderate Democratic think tank here in Washington, and Naftali Bendavid, who covers Congress for The Wall Street Journal.