Well, we know this morning that the President has won his re-election bid. He didn’t carry as many states as he did in ’08, but then again he didn’t have to. We also know that the Senate will remain in the hands of the Democrats, the Republicans will probably lose some ground here. However, there is a small silver lining of sorts. The lone highlight for the Republicans was the continued dominance in the House of Representatives.
In fact, it looks like the Republicans are going to expand their control by five or more seats in the House, dwarfing the Democrats. That is a good thing for any republican and here is why. Article 1 Section 7 of the Constitution gives the House of Representative the sole power to raise taxes. “All Bills for raising Revenue shall originate in the House of Representatives; but the Senate may propose or concur with Amendments as on other Bills.” That means the House holds the purse strings. They can choose not to fund anything they don’t feel like.
Now that doesn’t mean that the President might not issue a Executive Order to conduct an end around on the Congress, but there are only so many of those he can do, before the House, which also has the sole power of Impeachment, begins to run proceedings. (Note: I am not calling for an impeachment, nor do I expect one in the next four years, but then again, I never expected Clinton to get impeached, and besides that it takes both the House and the Senate to unseat a sitting President…however, impeachment hearings tend to reign in an executive and cow them just a bit…it did with Clinton).
The other highlight is in the Gubernatorial races. It is now projected that there will be 30 republican governors and two more still being contested, meaning the republicans again expanded their circle of influence. This is the biggest advantage in the governor’s mansions since 2000 for either party. This advantage will fortify states against unpopular democratic policies like Obamacare. Remember, due to the SCOTUS ruling, states don’t have to participate in Obamacare and there is nothing the government can do to punish them for not playing along. Governors have a lot of power over their states and they can choose not to do certain things, or block government action when it interferes with the powers given to them in the tenth amendment. This is important in the long run, although it seems insignificant now considering the defeat the republican party has suffered this election cycle.