This article was authored by Andy Puzder for FoxNews.com on November 9, 2022.
Republicans will now have a role in stopping excessive spending and that's just for starters
Polls are closed across the country, and it seems clear that Republicans will likely take control of at least the House of Representatives, and they have a shot at control of the Senate. While there was no red tsunami, Republicans made gains and, thankfully, we will likely have a divided government for the remainder of the Biden presidency.
So, what does that mean for working- and middle-class Americans? What can Republicans do to turn the economy around with only one – perhaps two – houses of Congress? As it turns out, they can do quite a lot. Let’s look at what might play out economically under each of the likely post-election scenarios.
First, with a majority in at least the House, Republicans can put an end to the Democrats’ passing the massive spending spree legislation that has been driving inflation and crushing American families (such as the bloated American Rescue Plan and the ironically named Inflation Reduction Act). That alone will do wonders for the business community, as it will eliminate the current uncertainty about what horribly misguided legislation Democrats will pass next.
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