New Senators...What They Bring
Democrats didn't do as well as they hoped in yesterday's congressional elections, but they still gainsed seats in both chambers.
Democrats didn't do as well as they hoped in yesterday's congressional elections, but they still gainsed seats in both chambers. Several races are still too close to call, but at the moment, Democrats can cleaim at least five more seats in the Senate, on top of their 2006 gain of six seats, giving them at least 56 of the 100 members in the Senate. They are on track to add about 20 to their House margin, giving them about a 80-vote advantage in that chamber.
Among the new Democratic senators...
Sen.-elect Kay Hagan of North Carolina defeated Republican Sen. Elizabeth Dole. Hagan has worked extensively on budget issues at the state level. She's considered a conservative Democrat on budget and deficit issues, and she may be a hard sell on a big Democratic health care plan. She opposes a big government role, especially mandates on small businesses, in particular.
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
Sen.-elect Mark Warner of Virginia, a former governor, easily defeated former Gov. Jim Gimore. Warner made a fortune in technology ventures and cell phone companies. He'll angle fro a seat on the Commerce Committee and the Appropriations or the Armed Services panel, all top prizes for a freshman.
Sen.-elect Jeanne Shaheen of New Hampshire, a former governor, defeated incumbent Republican John Sununu after having led him in state polls for months. Shaheen is an education advocate, having gained popularity in the state for refurbishing schools and providing incentives to attract teachers from out of state to relocate. She'll be a point person on efforts to rework legislation on teacher accountability. She also wants a spot on the Armed Services Committee to protect Navy-related work in Portsmouth.
Sen-elect Tom Udall of New Mexico, a five-term congressman, defeated GOP Rep. Steve Pearce. Udall wants a seat on the Environment Committee as well as the Commerce Committee. In so doing, he represents two interests, sometimes competing -- mining and conservation. He'll end up finding a balance. He's been an advocate of alternative energy and environmental conservation. His father was Stewart Udall, secretary of the Interior in the Kennedy and Johnson administrations.
Sen.-elect Mark Udall of Colorado, also a five term congressman, bested former GOP Rep. Bob Schaffer. Udall is a cousin of Tom Udall. He's also the son of the late Rep. Morris Udall, D-AZ. In the Senate, Udall wants a spot on the Environment Committee and aims to have a hand in crafting climate change legislation to reduce carbon emissions. He also supports tough immigration enforcement and could play a role as a negotiator with conservatives on the issue when it comes up. Udall has also been a vocal opponent of the war in Iraq. He'll seek conditions on further appropriations.
Get Kiplinger Today newsletter — free
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.
-
Here's How To Get Organized And Work For Yourself
Whether you’re looking for a side gig or planning to start your own business, it has never been easier to strike out on your own. Here is our guide to navigating working for yourself.
By Laura Petrecca Published
-
How to Manage Risk With Diversification
"Don't put all your eggs in one basket" means different things to different investors. Here's how to manage your risk with portfolio diversification.
By Charles Lewis Sizemore, CFA Published
-
AI Regulation is Looming: Kiplinger Economic Forecasts
Economic Forecasts Find out what Washington and regulators have planned for artificial intelligence.
By John Miley Published
-
The Biden Tax Plan: How the Build Back Better Act Could Affect Your Tax Bill
Politics Depending on your income, the Build Back Better Act recently passed by the House could boost or cut your future tax bills.
By Rocky Mengle Published
-
Kiplinger's 2020 Election Forecast
Politics For nearly a century, The Kiplinger Letter has forecasted the outcome of presidential elections to keep readers informed of what's coming and what it means for them. Here's our call for 2020.
By The Kiplinger Washington Editors Published
-
The 2020 Election and Your Money
Politics We’ve assessed how the presidential candidates’ stances on financial issues will affect your wallet.
By the editors of Kiplinger's Personal Finance Published
-
5 HEROES Act Provisions with a Good Chance of Becoming Law
Politics The massive federal stimulus bill just passed by the House of Representatives is "dead on arrival" in the Senate. But a few proposals in the bill have enough bipartisan support to eventually become law.
By Rocky Mengle Published
-
Vote by Mail: A State-by-State Guide to Absentee Ballot Voting
Politics With health authorities recommending people continue to social distance, the idea of voting by mail is becoming an increasingly hot topic.
By Rivan V. Stinson Published
-
9 Ways COVID-19 Will Change the 2020 Elections
Politics The 2020 election will be like no other in history, as the COVID-19 pandemic will upend the business of politics as usual.
By Sean Lengell Published
-
How to Run for Local Office
Politics If you’ve ever thought that you could do a better job than the elected officials currently in office, here’s how to launch a campaign—and win.
By Kaitlin Pitsker Published