• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Reporter’s Notebook: The hard stuff is yet to come

by October 30, 2024
written by October 30, 2024

I’ve lost track of how many times people have asked if I will be glad when the election is over. 

Truth be told, just after the election is when the hard stuff begins.

Election Day is Tuesday, but in reality, that’s just the beginning of the process. It may take days to sort out who voters have chosen as president. Control of the House is razor tight. It may boil down to a handful of races decided by a grand total of several thousand votes. So don’t for a moment think we automatically know which party will be in the majority as election officials sort all of that out. There’s a scenario where a thin margin of contested seats in the House could spring several weeks of challenges. 

Moreover, Article I, Section 5 of the Constitution dictates that the House and Senate ‘shall be the Judge of the elections, Returns and Qualifications of its own Members.’ And it’s the new House in the new Congress next year that will decide whether to seat people if there’s a dispute.

Of course, that’s provided the House can elect a speaker when the new Congress is constitutionally mandated to begin on Jan. 3. Don’t forget that House Republicans incinerated a total of 27 days on two separate occasions to elect former House Speaker Kevin McCarthy, R-Calif., and current Speaker Mike Johnson, R-La.

We’ll come back to that in a moment. 

In the meantime, let’s run through some of the hazards that could unfold after the final ballot is cast.

Let’s start with when we might learn which party controls either the House or Senate.

Election Day fell on Nov. 8 for the 2022 midterms, but it wasn’t clear that Democrats held their Senate majority until late on the evening of Nov. 12, when Sen. Catherine Cortez Masto, D-Nev., retained her seat. 

Determining House control took even longer in 2022. Remember that McCarthy touted the possibility that Republicans might marshal as many as 50 seats. Republicans won the House by a thread, but the GOP majority was not clear until Nov. 16. 

In 2020, most news organizations projected on election night that Democrats would hold the House, but it wasn’t until December that a picture emerged showing how close Democrats came to losing their majority. It took weeks to sort out multiple House contests, decided by very few votes.

Control of the Senate from the 2020 midterms wasn’t even established until 2021. It took until January and a pair of runoffs in Georgia for it to be clear that Democrats tied the Senate and thus seized the majority thanks to Vice President Kamala Harris in her capacity as president of the Senate.

These protracted election determinations are not a byproduct of recent polarization and controversy.

Democrats captured the Senate in the 2006 midterms, but it wasn’t clear until two days after the election, once Democratic challenger Jim Webb defeated incumbent Republican Sen. George Allen in Virginia.

It’s likely we’ll have clarity on the Senate sooner rather than later this year. If Republicans enjoy a big night, who won the Senate could be known on election night. That’s especially if the GOP is en route to a 53- or 54-seat majority. But if competitive Senate contests in Ohio, Pennsylvania, Wisconsin, Montana, Michigan, Nevada, Texas and elsewhere are all tight, it may take a few days to determine which party has the majority.

Regardless, the biggest order of business facing the Senate is who emerges as the new Republican leader.

Senate Minority Leader Mitch McConnell, R-Ky., is stepping down from his leadership post in early January but remaining in the Senate. Senate Minority Whip John Thune, R-S.D., former Senate Majority Whip John Cornyn, R-Texas, and Sen. Rick Scott, R-Fla., are vying to succeed McConnell as the body’s top Republican. But there’s chatter that Sen. Steve Daines, R-Mont., or other candidates could emerge.

The selection of Senate Republican leader could hinge on whether Harris or former President Trump wins – or, if the GOP claims the Senate or fails to capture the majority. A secret vote for GOP leader is slated for Nov. 13, and if it’s clear that Trump is headed to the White House, his influence could sway who Republican senators select as their next leader.

Then there’s the House.

Republicans hold a narrow, single-digit advantage in the House right now. There are more than 30 seats in battleground districts that could swing the control in one direction or the other.

But when will we know?

The House Republican Conference convenes its leadership election on Nov. 13, and the House Democratic Caucus also meets around that time. Regardless of if they are in the majority or minority, House Minority Leader Hakeem Jeffries, D-N.Y., will lead his party in the new Congress. Jeffries is poised to ascend to the speakership next year if Democrats flip the House.

But for the GOP, things could get messy.

Which party controls the House might not be settled by the time House Republicans hold their leadership election. Republican Conference rules allow certain GOP candidates whose races have not been called to come to Washington in November and December for the freshmen orientation and vote in those leadership elections. In other words, people who might not ultimately become House members could decide who the GOP picks for leadership posts and formally nominates as the Republican candidate for speaker on the floor Jan. 3.

One senior House Republican source told Fox there could be a push to delay those leadership elections if control of the House isn’t settled. This could be an issue if there’s a contingent of GOP candidates in uncalled races who could wield too much influence in the private balloting.

So here’s the issue facing Johnson: If Republicans hold the House, and especially if they pick up a sizable chunk of seats, the Louisiana Republican probably returns to the speakership. A ‘President-elect Trump’ would certainly bolster that scenario. But if it’s a tiny majority, Johnson could win the nomination for speaker in the GOP conference but struggle to prevail on the floor early next year.

Here’s why: There’s a group of three to perhaps as many as 10 current House Republicans who have a problem with Johnson. Johnson only needs a simple majority of the House Republican Conference to get the nomination for speaker and stand before the entire House in January.

It’s about the math.

Let’s say Republicans have a small majority: 223 seats. In the November conference vote, Johnson only needs 112 votes to become the nominee for speaker. But when the entire House convenes on Jan. 3, Johnson – or any other nominee – will need an outright majority of all members casting ballots for a candidate by name. So if the House is at 435 and all members vote for someone by name, the magic number is 218.

You see the problem.

This is the same issue that vexed McCarthy and the other GOP nominees who failed to become speaker last October. 

Ironically, it’s easier for Johnson to become minority leader if Republicans lost their majority. That’s because the minority leader just needs the majority of his or her conference or caucus. So let’s say the GOP is relegated to the minority with 217 seats. Johnson just needs 109 votes to win the conference.

If there’s a problem electing a speaker on the floor in January, one should pray it’s wrapped up fast. That’s because Congress must start certifying the Electoral College on Jan. 6. After starting its vote for speaker on Jan. 3, 2023, the House didn’t elect McCarthy until the wee hours of Jan. 7. Any delay in electing a speaker would foment major issues for certifying the electoral vote – especially if the presidential race is contested. 

The House of Representatives cannot do anything, including swearing in members, until it elects a speaker. Period. A fight over the speakership could paralyze the House and risk delaying the electoral vote count. This is a nightmare scenario that has the potential to eclipse the chaos of the Electoral College certification in 2021. 

And if things weren’t fraught enough, here’s another wild card: the government runs out of money on Dec. 20.

Johnson meandered through a host of interim spending bills from last fall until spring, flirting with multiple government shutdowns. The speaker ran the exact same playbook that partially cost McCarthy the speakership. Johnson enraged scores of conservatives by green-lighting a bill to fund Ukraine and advancing an omnibus spending bill in the spring.

Lots of conservatives have grievances with Johnson, but Johnson could face trouble if he attempts to move any bill to avert a December shutdown that lacks the blessing of key conservatives. Granted, the sign-off on any spending plan by a ‘President-elect Trump’ could shield Johnson, and if Trump is elected, he likely makes the call on what he wants Johnson to do. The former president’s heat shield likely blunts any rebuke of Johnson.

That said, a misstep by Johnson on the spending bill could potentially cost him the speakership if the GOP holds the majority. And if Republicans win the House, Senate and White House, don’t expect any help from Democrats. While in the minority, House Democrats have carried gallons of water for Republicans. They’ve lugged numerous must-pass bills to avoid government shutdowns across the finish line for nearly two years. If the GOP attains unified government this fall, Democrats could push back from the table in the lame-duck session and tell House Republicans to figure it out themselves.

Heretofore, House Republicans have not shown they can advance a spending bill on their own that would become law. That’s why there’s a risk of the new Congress beginning with a government shutdown in January.

That’s exactly what happened in late 2018, drifting into early 2019. The government was shuttered as a new Congress began that January. 

So here is the utter worst-case scenario: a government shutdown, coupled with a complex speaker’s election, thus sparking a delay in certification of the Electoral College in the shadow of a disputed presidential election.

I’ll let you read that all again to digest it. 

So the campaigning and voting concludes next week, but the hardest stuff is about to begin. 

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
US hits ISIS camps in Syria, killing nearly 3 dozen terrorists
next post
Former Jill Biden staffer torches White House’s ‘bonehead’ attempt to transcribe Biden’s ‘garbage’ comment

related articles

Hunter Biden seen driving Toyota rental in South...

May 31, 2025

Trump tariff plan faces uncertain future as court...

May 31, 2025

Musk confident DOGE will save $1 trillion as...

May 30, 2025

Who will be Elon’s successor? The top names...

May 30, 2025

Elon Musk sports black eye at farewell presser...

May 30, 2025

Biden says he could ‘beat the hell out...

May 30, 2025

Donald Trump fires National Portrait Gallery director for...

May 30, 2025

‘American hero’ or ‘failure’: Elon Musk’s DOGE departure...

May 30, 2025

Unfinished Business: The budget cuts Musk couldn’t complete...

May 30, 2025

Alleged attempt to impersonate White House chief of...

May 30, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Trump taps Brooke Rollins as agriculture secretary

    November 23, 2024
  • LIZ PEEK: The gigantic slush fund inside the Biden White House

    February 25, 2025
  • New report warns of growing national security threat to U.S. as China builds AI: ‘Significant and concerning’

    December 21, 2024
  • US Army soldier charged over alleged hacking of Trump, Harris phone records

    January 2, 2025
  • ‘Squad’ member delivers real-time whiteboard responses to Trump: ‘No king!’

    March 5, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (4,735)
  • Investing (624)
  • Stock (775)

Latest Posts

  • Pence says he opposes RFK Jr.’s nomination for HHS secretary because of his stance on abortion

    November 16, 2024
  • Government data torpedoes Swalwell’s viral claim about plane crashes on Trump’s watch: ‘Habitual liar’

    February 27, 2025
  • DOJ sues Walgreens, alleging it ‘knowingly’ filled millions of invalid prescriptions

    January 19, 2025

Recent Posts

  • Credit card delinquency rates hit a nearly 12-year high

    July 25, 2024
  • Heritage rips Harris’ ‘dangerously liberal’ policy record with new website, 6-figure outreach to independents

    August 28, 2024
  • ‘F— the White women’: Black activists tied to VP Harris could derail Dem ‘unity’ message with past rhetoric

    August 2, 2024

Editor’s Pick

  • African war-torn nation invokes Trump ‘golden age’ for minerals deal in exchange for booting violent rebels

    March 20, 2025
  • Panama eliminates charge fees for U.S. government vessels to use the canal

    February 6, 2025
  • JD Vance explains why meeting Pope Francis hours before his death was ‘a sign from God’

    May 1, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock