![]() ![]() ![]() ![]() Obama has consistently defended the billions already spent on so-called quantitative easing as necessary to move the country out of the biggest recession since the Great Depression, but the Republicans portray it as mortgaging the future of America's children and grandchildren.Īt his press conference, Obama acknowledged public anger on the issue. The divide between the White House and the Republicans, who secured victory partly because of public anger over the billions in public debt, will widen further after today's announcement by the Federal Reserve that it is committing $600bn (£373bn) more in government bonds to try to stimulate the economy. This leaves Washington facing a prolonged period of all-out partisan warfare. He said bipartisan co-operation was possible in three policy areas: achieving energy independence, improving education and creating jobs.īut he offered no compromise on healthcare, on a looming row over tax cuts, financial regulation or cutting the public debt – all he was prepared to consider in the way of changes to his health reform, which will extend insurance coverage to millions more Americans in 2014, were "tweaks". "I have been willing to compromise in the past and I am willing to compromise going forward," he said. He also offered to sit down with Republican leaders in the House and Senate, John Boehner and Mitch McConnell, along with their Democratic counterparts, to discuss areas where they could work together. underscores for me that I've got to do a better job, just like everybody else in Washington does." He admitted he may have been out of touch with the mood in the US, saying that was a consequence of being in the White House "bubble", and maybe he had got the message wrong during campaigning. Some are humbling."Īt a White House press conference, he portrayed himself as contrite after the election results, which saw the Republicans make gains across the country, capturing control of the House of Representatives with a majority of more than 60 and just failing to win the Senate. "Some election nights are more fun than others," he said. Nixon resigned from the White House in disgrace amid the Watergate scandal.Obama admitted that the Republicans had given his party a severe beating – or as he termed it, a "shellacking" – and said it had given him a late and uncomfortable night. The election was held just months after President Richard M. In 1974, Republicans lost 53 seats-48 in the House and five in the Senate-while Republican President Gerald Ford was in office.In 1994, Democrats lost 60 seats-52 in the House and eight in the Senate-while Democrat Bill Clinton was in office and the opposing party, led by conservative firebrand Newt Gingrich, orchestrated a successful "Republican Revolution" in Congress with its "Contract With America.".Bush called the 2006 midterms a "thumpin.'" Voters had grown weary of the war in Iraq and took it out on Bush, one of only three presidents whose party has picked up seats in midterms since World War II. In 2006, Republicans lost 36 seats-30 in the House and six in the Senate-while Republican President George W.Obama, who signed an overhaul of the nation's health care system that was deeply unpopular among Tea Party Republicans, later described the midterm results as a "shellacking." In 2010, Democrats lost 69 seats-63 in the House and six in the Senate-while Democratic President Barack Obama was in the White House.With Trump as president, Republicans held both houses of Congress and the White House, and Democrats hoped to elect enough members of Congress to thwart their agenda. In 2018, Republicans lost 39 seats-41 in the House while gaining two in the Senate-two years after the election of Republican President Donald Trump. ![]()
0 Comments
Leave a Reply. |