After The Midterm Elections – What Happens Now?

After last Tuesday’s midterm election votes were tallied, Republicans gained control of the House. Dems still control the Senate, but the right has certainly swept in and gained an enormous (and not unexpected) amount of clout on Capitol Hill.

What does this mean for the next two years? Will there be massive changes in America or will the country suffer an endless and aggravating partisan tug-o-war over legislation?

Several weeks ago, the top issues going into the election were the economy, the deficit, and health care. Now that the election is over, it’s interesting to revisit these issues and figure out what the atmospheric shift means.

The Economy
On December 31, the tax cuts that were created during the Bush presidency will be reassessed. Obama claims he will be open to conversation with Republicans concerning an extension, but has given no word on a compromise. Considering it would be difficult for many of the current legislators to create a comprehensive bill during the lame duck period, the most plausible solution would be a one-year extension of the Bush-era cuts. This will not really help or hurt the economy, but will lead to further conversation concerning the economic future of America.

The Deficit
It’s difficult to address the future of the deficit. In a matter of two years, it would be impossible for a drastic change to occur concerning our nation’s debt. Also, since the Democrats have a majority in the Senate, the Republicans have a majority in the house, and Obama has the power of the veto, it will be difficult for any huge legislation to pass.

Health Care
The Republicans will most likely attempt to repeal the Obama administration’s health care reform plan. The House Speaker-in-waiting John Boehner (R-Ohio) stated that the Republicans intend to repeal the bill, but slowly and carefully. The repeal will most likely be symbolic, considering Obama will not agree to it. But, it will affect the public’s view of the bill.

At the end of the day, the midterms have served as a major hurdle in Obama’s legislation plans. And, they have forced the Democrats to begin preparing for the 2012 elections… already.

What do you think about the results of the midterms elections?

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