Tag Archives: Democrats

Democrats’ big midterm gains threaten Wall Street’s split-government hopes

Democrats’ big midterm gains threaten Wall Street’s split-government hopes

By Rodrigo Campos and Ira Iosebashvili (Reuters) – A stronger-than-expected showing by Democrats in the U.S. midterm elections may force investors to rethink the split government scenario many had expected. Democrats held onto control of the U.S. Senate, extinguishing hopes of the “red wave” that Republicans had expected leading into the midterm elections. Republicans remain close to seizing control of the House of Representatives as officials continued counting ballots, with results expected… Source link

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3 crucial lessons for Democrats

3 crucial lessons for Democrats

It wasn’t the shellacking many forecasters expected. Republicans seem likely to take control of the House of Representative from Democrats, once outstanding votes are counted. But the red wave Republicans hoped for didn’t materialize. If they do take control, Republicans’ majority may only amount to a few votes. Control of the Senate remains undetermined and could come down to a Dec. 5 runoff election between the two Senate candidates in Georgia. Democrats may feel vindicated. In midterm… Source link

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Why Democrats are set to lose

Why Democrats are set to lose

Since peaking at $5 per gallon in June, gasoline prices have gone President Biden’s way. The sharp price drop since then, to around $3.80 per gallon, has neutralized what was looking like a catastrophic liability for Biden and his incumbent Democrats. Yet Biden’s party seems set to lose control of Congress in the Nov. 8 midterm elections anyway. The Supreme Court’s gutting of the Roe v. Wade abortion protections in June was supposed to be a game-changer for Democrats that would boost… Source link

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Why Democrats are set to lose

Why Democrats are set to lose

Since peaking at $5 per gallon in June, gasoline prices have gone President Biden’s way. The sharp price drop since then, to around $3.80 per gallon, has neutralized what was looking like a catastrophic liability for Biden and his incumbent Democrats. Yet Biden’s party seems set to lose control of Congress in the Nov. 8 midterm elections anyway. The Supreme Court’s gutting of the Roe v. Wade abortion protections in June was supposed to be a game-changer for Democrats that would boost… Source link

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Winners and Losers in Democrats’ Signature Tax and Energy Bill

Winners and Losers in Democrats’ Signature Tax and Energy Bill

(Bloomberg) — President Joe Biden and Senate Majority Leader Chuck Schumer are the biggest winners now that a huge piece of Democrats’ economic agenda is hurtling toward enactment. Most Read from Bloomberg The tax and energy bill passed Sunday after a year and half of rocky negotiations that divided the party. It gives Democrats tangible progress on key issues to show voters in the midterm elections this November. Biden’s popularity nose-dived a year ago in the wake of the haphazard… Source link

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Democrats return from the dead

Democrats return from the dead

It doesn’t seem possible. After flailing for most of the past year and daring voters to send them packing, Democrats in Congress have produced important legislation to address urgent problems and maybe even improve people’s lives. Many Americans tune out Congress, for good reason. The legislating process is arcane and no institution in the country has a higher BS ratio. Yet every now and then Congress produces something that commands attention—as it has now. The first key bill is the Source link

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Democrats still have this going for them

Democrats still have this going for them

Democrats during the Joe Biden presidency have earned a reputation for big plans that go unfulfilled. Biden’s “build back better” legislation has withered to nothing. Efforts to address climate change, improve health care, expand the social-safety net and raise new revenue from businesses and the wealthy have flopped as Democrats failed to unify in support. Yet Americans still view the Democratic Party as the one more likely to have their backs. A new Yahoo Finance / Morning Consult… Source link

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How Democrats can capitalize on a radical Supreme Court

How Democrats can capitalize on a radical Supreme Court

Which political party is worse? That’s the question voters will be grappling with this fall as they decide whether Democrats should continue to run Congress, or they’ve blown their chance and it’s time to give Republicans another shot. President Biden and the Democrats who have thin majorities in Congress have to explain 8.6% inflation, gas prices of nearly $5 per gallon, the “defund the police” fiasco and intraparty bickering that’s the equivalent of separate marital bedrooms. The… Source link

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