ABM Washington reps release comprehensive election report
Nov. 14, 2012 -- ABM's government affairs and public policy firm, Wexler & Walker Public Policy Associates, has released a comprehensive analytical report of the 2012 elections, detailing potential policy outcomes for the Presidency, House of Representatives and the Senate, as well as a balanced evaluation of the results, previews of President Obama's second term and potential scenarios for the lame-duck session of Congress.
"It's critical that we, as both business executives and individuals, better understand the elections' impacts on policy and legislation," wrote Clark Pettit, ABM president and CEO, in an email. "I am confident you'll find concise and useful insight into the shifts created by the elections, the parallel impacts of administration changes and the likely effects on a wide variety of near-term issues."
In addition to President Obama winning a second term, Democrats picked up two more seats in the U.S. Senate, giving the party a slightly larger majority than last year. Republicans remain the majority in the U.S. House of Representatives with a similar margin as the last Congress. At press time, seven political races were still seven outstanding races.
"Wexler & Walker expects the next two years to look similar to the last two, with a gridlocked Congress and political and policy battles between Republicans and Democrats," the firm wrote. "That said, we believe that there is a distinct window of opportunity during which significant progress can be made on the pressing issues of the day if White House officials and Congressional leaders can approach them correctly and with the sobriety and seriousness they deserve."
Yesterday marked the start of the "lame-duck session," which is expected to last anywhere from two to six weeks. Wexler & Walker noted that the President and Congress must address a variety of important issues during this period, which is before President Obama's second term and the newly elected members of Congress take office.
To read the entire report, click here.