Republicans were edging closer to securing a majority in the U.S. House of Representatives, while control of the Senate hung in the balance, two days after Democrats staved off a Republican ‘red wave’ in midterm Election2022
WASHINGTON, Nov 10 - Republicans were edging closer to securing a majority in the U.S. House of Representatives early on Thursday, while control of the Senate hung in the balance, two days after Democrats staved off a Republican "red wave" in midterm elections.
The fate of the Senate was far less certain. Either party could seize control by sweeping too-close-to-call races in Nevada and Arizona, where officials are methodically tallying thousands of uncounted ballots. Biden acknowledged that reality on Wednesday, saying he was prepared to work with Republicans. A White House official said Biden spoke by phone with Republican House leader Kevin McCarthy, who announced earlier in the day his intention to run for speaker of the House if Republicans control the chamber.
Republicans are expected to demand spending cuts in exchange for raising the nation's borrowing limit next year, a showdown that could spook financial markets.
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