January 7, 2021 6:12 AM By Brandon Lee
Democrats, holding the slimmest-possible majority in the Senate, will set the health-care agenda in the new Congress but face an uphill battle in sending major legislation to the presidentâs desk.
President-elect Joe Biden has vowed to build on the Affordable Care Act by expanding its insurance subsidies and creating a government-run insurance plan. Those ideas face strong political headwinds.
Election runoff victories by Jon Ossoff and Raphael Warnock give Democrats control of Senate confirmations of political and judicial nominees. The bar is higher for passing legislation: Democrats must keep their caucus unified and win the support of 10 Republicans, unless they turn to budget tricks or change Senate rules.
Warnock Scores Historic Win in Georgia Senate Race, Ossoff-Perdue Runoff Still Too Close to Call
voanews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from voanews.com Daily Mail and Mail on Sunday newspapers.
Democrats Take Control of Senate as Ossoff Wins Georgia Race
voanews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from voanews.com Daily Mail and Mail on Sunday newspapers.
Dems Win Georgia Senate elections; What that means US Dollar and CNH Dems Win Georgia Senate elections; What that means US Dollar and CNH
Joe Perry January 6, 2021 7:13 PM
The result of the Georgia Senate elections could result in 2 very different moves for the US Dollar over the next year. Share:
On Monday, we discussed the potential outcomes of the Georgia Senate races and what it means for the US Dollar. With Democratic candidates Raphael Warncok and Jon Ossoff winning the elections, the Senate is now split 50/50, which means any votes in the Senate that are tied will be decided by Vice President-elect Harris. This will give Democrats control of the House of Representatives, the Senate, and the White House. In the short-term, the US Dollar should continue lower. President-elect Joe Biden is loo