Republican Party captures the House of Representatives and reduces the majority of Democratic Party in the US Senate; Republicans promise to respond to crippling budget deficits
  • Share
  • Tweet
  • Email
  • Whatsapp
  • Linkedin
  • Print

    • In the mid term election, the Republican Party has captured the House of Representatives and reduced the majority of Democratic Party in the Senate. Reports noted that the Republicans who have achieved victory over state capitols across the country are promising to respond to crippling budget deficits with an array of cuts.”1 Given the Republicans’ reticence in increasing taxes, the principle policy decision that is being taken is to cut government expenditure. The worrying factor is that neither party has shown any signs of having a clear action plan to solve the economic and unemployment problem that persists in the US. This is the reason why the theme of President Obama’s visit to India has been advertised as an expedition to get jobs for Americans. It is clear that the unemployment in the US is significantly influencing the U.S. agenda.2

    Top