(MONEY Magazine) – THIS MONTH: --Meet a teen Donald Trump. --Individual investors get more protection. --Using your computer to buy a car SENATE MAJORITY LEADER BOB DOLE MAY NOT electrify his stump audiences with new ideas, but the fact is if he fulfills his dream of moving into the Oval Office, he will preside over one of the most radical Presidencies in recent memory. That's because for the first time since Lyndon Johnson's Great Society era, one party with a sweeping agenda (this time the flip side: less government) would likely control both Congress and the White House. In an exclusive MONEY interview with Dole aboard his campaign jet and discussions with his advisers and congressional colleagues, we've found out where he stands on the key issues that affect your wallet. Here's what you could expect under a Dole Presidency:

--Lower interest rates. If you hate budget deficits, you'll love Bob Dole. A product of the Depression, the senator has long been a deficit hawk. Since the Republicans took over Congress in 1994, he has advocated a plan to balance the budget in seven years, mostly by slowing the growth of Medicare spending and shifting federal responsibilities such as Medicaid and welfare to the states. If the Republican budget-cutting plan is enacted, Dole claims--and many economists agree--that reduced federal borrowing would push down interest rates by as much as two percentage points over seven years. That decline would be a plus for borrowers but a minus for savers.

--Lower--and simpler--taxes. Late last year Dole helped pass, and Clinton vetoed, tax cuts worth $245 billion over seven years. Among them: a $500-per-child tax credit for couples earning less than $110,000 a year, and a cut in the top capital-gains rate from 28% to 19.8%. If Dole wins, expect a Republican Congress to enact these tax breaks swiftly. Forget about the kind of good-for-millionaires flat tax flogged by former presidential contender Steve Forbes, though. Dole blasted Forbes' no-deductions flat-tax plan as a deficit-buster. Instead, Dole has said he wants a "simpler...flatter...fairer" income tax that retains write-offs for charitable donations and mortgage interest--a plan strongly supported by the National Association of Realtors.

--Expanded pension plans, but not IRAs. If you were counting on the majority leader to improve Individual Retirement Accounts, don't. "I'm not the biggest fan of IRAs," Dole told Money. "I'm not sure they really increase savings...and IRAs cost the government a lot of money." Dole has, however, proposed legislation that would make it more likely that employees at small businesses would have retirement plans. His bill would allow companies with fewer than 100 employees to contribute directly to their workers' IRAs, thus eliminating the need to set up complex and costly corporate pension plans.

--A patch for the Social Security system. Dole is not keen on privatizing proposals that would re- quire people to shift their So-cial Security payroll taxes into personal retirement savings accounts. "Privatizing Social Security is like trying to get off a running treadmill," he says. "I'm not certain how you make it all work." Rather, Dole wants to focus on the federal program's long-term financing problems--perhaps by accelerating the scheduled increase in the retirement age. "Let's face it, age 65 was picked out of the blue," he says. "In 1983, we pushed it up to 67 [by 2027]. Maybe you speed that up."

--Higher medical bills for the elderly. Dole recently helped push through a plan that would cut the increase in Medicare outlays by $270 billion over seven years by increasing premiums up to 49% over what was planned, while encouraging seniors to choose more cost-effective managed care. Federation of American Health Systems president Tom Scully predicts that if Dole gets elected, similar legislation "would fly through Congress." Dole told Money he also supports requiring upper-income elderly to pay higher Medicare premiums than others.

--A little help on college tuition, a lot of hurt. A graduate of Washburn University, which he paid for with the help of a G.I. student loan, Dole says Clinton's proposal for an annual tax deduction of as much as $10,000 for college "has merit, but it's a big government expenditure, so you'd have to phase it in or cut it back." More worrisome, Dole would eliminate Clinton's popular direct student-loan program, relying instead on the traditional federally guaranteed student-loan program. The guarantees have been highly profitable for banks, who are big contributors to G.O.P. presidential candidates. But the guarantees have been costly for taxpayers, who got stuck with the hefty bill for generous bank subsidies and an 11.6% loan default rate. For students, killing the direct-lending program would likely mean higher loan fees and shorter repayment schedules.

--Fewer consumer protections. A longtime friend of big business--the majority leader has received more than $1 million in PAC money for his presidential campaign, according to the Federal Election Commission--Dole has been leading the fight for regulatory reform that would make it much tougher for federal agencies such as the Securities and Exchange Commission and the Consumer Product Safety Commission to adopt new rules and enforce old ones. He also has supported those who fought to make it harder for individuals to bring and win lawsuits against companies and brokers. So if Dole gets elected, ask not what government can do for you--but what business might do to you. [BOX] HERE'S WHAT DOLE WOULD LIKE TO DO These six proposals are highlights of the changes Sen. Dole would probably push as President:

INCOME TAXES: A $500-per-child credit CAPITAL GAINS: A cut in the top rate, to 19.8% MEDICARE: Higher premiums and means testing STUDENT LOANS: No more direct loans SOCIAL SECURITY: Speed up boosting retirement age REGULATIONS: Less protection for consumers