
The first thing the new President will do is issue his executive orders. I'm not sure how these work but basically they end up being the law on several issues. One of the biggest ones is to revoke Bush's ban on stem cell research which is a huge opportunity for American science. I for one will be waiting to see what else he changes, its good to see the change beginning right on day 1.
However there will be many people upset on day 1, some are:
"The United States Conference of Catholic Bishops is warning that Obama will alienate millions, and abortion opponents are bracing for a fight. Medical researchers, meanwhile, are rejoicing at the prospect of freedom from a government policy they say has stymied efforts to develop life-saving treatments.
Like previous presidents, Obama is expected to issue a flurry of executive orders after he takes office Jan. 20. Some could reverse Bush administration policies; others could promote his own."
http://www.usatoday.com/news/washington/2008-11-16-stemcells_N.htm
some others:
• Obama enacts stronger “federal hate crimes legislation” to “reinvigorate enforcement at the Department of Justice's Criminal Section.”
• Obama creates “a fund to help people refinance their mortgages and provide comprehensive supports to innocent homeowners.”
• Obama doubles foreign aid to $50 billion to cut “poverty around the world in half by 2015.”
• Obama enacts legislation demanding carbon friendly cars.
• Barack Obama enact laws to reinforce money to “women and minority-owned businesses.”
• Obama repeals the Bush tax cuts.
• Obama enacts the Employment Non-Discrimination Act.
Hopefully these are done the first day.