As Democrats Take Over Senate, Personal Finance Hangs in Balance
Here’s the potential impact on tax policy, retirement savings, student loans, support for caregivers and Covid-19 assistance
President-elect Joe Biden campaigned Monday in Georgia to support the Democratic candidates for the U.S. Senate.
Photo:
Carolyn Kaster/Associated Press
By
WSJ Staff
Updated Jan. 12, 2021 10:34 am ET
This week Democratic candidates won both runoff races in Georgia and took control of the U.S. Senate. That marks a sea change in Washington and potentially the financial lives of Americans.
With Democrats in control of the White House and Congress for the first time in more than a decade, President-elect Joe Biden’s legislative agenda will face less opposition. Here’s what to watch for in laws and provisions in the months to come.