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Business As Usual Despite Republican Control of Congress?

By Robert G. Brody and Alexander Friedman
December 31, 2014

The midterm elections returned the Republicans to control of the Senate after an eight-year hiatus. Not surprisingly, the Republicans were elected on platforms opposing President Obama's policies. The surprise may be that the Democratic agenda may continue to prevail.

President Obama continues to have veto power over any bills passed by Congress. Because Republicans do not have enough votes to override a Presidential veto, President Obama will still be able to block any bills with which he disagrees. Therefore, we can expect Congress to continue to be ineffective and remain at an impasse.

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