With midterm elections just days away and some predictions pointing to a strong showing by Republican candidates, what would a Republican-controlled Congress actually mean?
Cato Institute’s Michael Tanner warns that we should not expect big changes should Republicans make major gains. ObamaCare is not going to be repealed, and there will be no big entitlement or tax reform. Barack Obama will still be the president with the power of the bully pulpit, the veto pen, and executive order.
As discouraging as the above may sound, Mr. Tanner writes that there are, however, many bright spots. The Keystone pipeline becomes a lead-pipe cinch. Energy-related bills should get bipartisan support. And substantial changes could be made to O’Care, like repealing the medical device tax and the much-postponed employer mandate.
Should the GOP takes control of the Senate, voters can expect the direction of the political discourse to be about a budget resolution, lower taxes, and economic growth. Read more here from Michael Tanner on why control of the legislature process is a reason to be optimistically cheerful.
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