History of the United States Jeffersonian Republicans Republicans Nationalized
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Failed Autopsy: GOP Now Touting #39;Tea-Baggers #39; as #39;Mainstream #39; Republicans
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Failed Autopsy: GOP Now Touting 'Tea-Baggers' as 'Mainstream' Republicans - Video
History of the United States Jeffersonian Republicans Chief Justice Marshall Summary
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History of the United States Jeffersonian Republicans Chief Justice Marshall Summary - Video
Republicans are trying to include the repeal of an excise tax on medical devices in a package of tax breaks moving through the U.S. Senate this week.
If their maneuver succeeds, Republicans could make a dent in the 2010 health care law they oppose and satisfy companies such as Medtronic Inc. (MDT) and Boston Scientific (BSX) Corp. that want the excise tax repealed. A non-binding vote last year to end the tax was backed by 79 senators.
So many senators have said that they were in favor of repealing it in a non-binding resolution, said Senate Republican Leader Mitch McConnell of Kentucky. Why not have that vote when it really counts?
Democrats, who are split on whether to repeal the excise tax, control the Senate floor calendar and havent decided whether they will allow a vote.
Im not sure this is the right time or the right vehicle, said Senator Bob Casey, a Pennsylvania Democrat who supports rescinding the tax.
Senate Majority Leader Harry Reid, a Nevada Democrat, didnt explicitly rule out a vote on the device tax.
Im not going to cry any big tears over the device folks, he said. Their profits were huge last year.
The broader tax bill being debated would revive more than 50 tax breaks that lapsed at the end of 2013 and extend them through 2015. They include the research and development tax credit and a provision that lets individuals exclude debt forgiven if they sell their home for less than they owe on the mortgage.
The measure scaled its first procedural hurdle today in a 96-3 vote. Senators must cast several more votes before they can pass the bill, which would add $84.1 billion to the U.S. budget deficit over the next decade, according to the Congressional Budget Office.
The legislation includes provisions backed by most Democrats and opposed by some Republicans, including the production tax credit for wind energy.
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Republicans Push Medical-Device Tax Repeal in U.S. Senate
Will Republicans win control of the Senate in this falls elections?
Its a risky bet, even in what is shaping up to be a solid year for Republicans that will see them staying in control of the House.
Theyll gain three or four seats in the Senate, perhaps five, as they capitalize on President Obamas sinking ratings, an economy thats recovering in fits and starts, and a sense that U.S. foreign policy is bogged down.
To take control, though, the GOP needs a net gain of six seats. Its not an impossible task, but its a tough one.
Either way, the margin will be slender: 51-49 or even 50-50, with Vice President Joe Biden being called on to cast tie-breaking votes.
Six months out, it appears races in eight states -- Alaska, Arkansas, Georgia, Louisiana, Montana, North Carolina, South Dakota and West Virginia -- will decide who controls a majority in the upper chamber. All but Georgia are now Democratic seats.
The GOP seems poised to flip seats in Montana, South Dakota and West Virginia. In the last two, long-time incumbents are retiring. In Montana, Max Baucus has already departed to become the U.S. ambassador to China.
Democratic incumbents in Alaska and North Carolina appear to be in danger as well. Republicans would be assured of a tie if they win all five of these seats and dont lose any that they hold now. If it ends up 50-50, Sen. Angus King (I-N.H.) may be the most important man in Washington for a while. He caucuses with Democrats now and would be pressed to stay with them. But Republicans, too, will court him, offering key committee posts and other sweeteners to cross the aisle.
At the moment, once-vulnerable Democratic incumbents seem to be bouncing back in Arkansas and Louisiana. One reason: Their support for Obamacare isnt scaring away many voters, thus stripping Republicans of a key issue they were hoping to use successfully in those two states and others. Republican efforts to tie the Democrats to Obama arent getting much traction, either. The presidents delay of the Keystone XL Pipeline gives Mark Pryor of Arkansas and Mary Landrieu of Louisiana, both pipeline supporters, room to criticize him and score points at home.
If Republican chances in Arkansas and Louisiana dont improve, look for the GOP to try to put Colorado, Iowa and Michigan in play. Democrats are narrow favorites to hold onto those seats now, so theyre not on our list. Republicans cant openly root for what would help them the most: an economic reversal, a war or an act of terrorism. But theyll be set to pounce, saying Democrats have hurt the economy. (Thats an iffy argument in some areas, where Democrats will argue that the economy is finally improving after the recession.)
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Republicans Can Win Back the Senate, but Will They?