Election Day 2014 has come and gone, and now that (most of) the dust has settled, we know that Republicans will have a majority in both the House and Senate heading into the 114th Congress in 2015. What does that mean for federal spending and the taxpayers who will have to support it?
NTUF crunched the numbers and found that, on average, the Senators heading to D.C. next year proposed a net $70 billion in annual budget cuts. We used data from our BillTally system, campaign studies, and new Members' websites to find out what policies they'd support and the impact they would have on federal spending.
- Notably, incumbent Senators who won reelection tended to support deeper cuts or higher spending relative to the rest of their respective political parties. And all but one of those who are new to the Senate proposed net spending cut agendas.
- While the degree to which Tuesday's winners supported certain policies differed quite a bit, there were many issues that united the candidates on the campaign trail at least in theme. Based on the candidates' talking points leading up to Election Day, repeal of the Affordable Care Act is likely to be a legislative focus going forward, along with securing the border, cutting regulations, and supporting an "all of the above" energy policy.
For more details on each Member's agenda and legislative priorities, be sure to dig into this week's edition of The Taxpayer's Tab and follow NTUF on Twitter (@NTUF) for ongoing post-election analysis.