Republican control of Congress opens doors for dramatic policy shifts next year
Republicans secured control of both congressional chambers for next year creating path for major tax-policy changes. Current divided government faces tight deadlines for funding and debt decisions before years end
The upcoming political landscape shows big changes with Republicans getting full control of Congress. Donald Trumpʼs party now has the needed 218 seats in the House (with nine races still not done) and 52-48 Senate advantage: this means they can push forward their plans to cut taxes and make government smaller
During his first term about 7 years ago Trump made huge tax changes that will end next year; these worked well because his party controlled Congress just like Biden had support for his one-trillion-dollar infrastructure plan when democrats were in charge. But lately with split control nothing much gets done - even basic stuff like keeping government open is hard
The House has been super-messy lately: they kicked-out their first leader Kevin McCarthy and the new guy Mike Johnson cant control his team properly. Its interesting that Trump still has strong power over party members - like when he shut-down that border security deal earlier this year
The Supreme Court (with its 6-3 split and three Trump-picked judges) backs his position too. Right now Congress needs to deal with two big things:
- Government money running out near x-mas
- Fixing debt limits to avoid default
- Setting up temp fixes until new team takes over
Everything changes on jan 3rd when new Congress starts work; then on jan 20th we get full power switch. The temp fixes might help new administration have more say in these money issues
