Political Risk Latin America Blog @PolRiskLatam

The House Republicans and Latin America

Posted in News and Articles, Political Risk by politicalrisklatam on November 8, 2010

by Just The Facts, November 3rd, 2010.

Following an overwhelming victory in the November 2 elections, the Republican Party will be taking majority control over the U.S. House of Representatives when the new Congress convenes in January. The Republicans gained seats in the Senate as well, but that body will remain under the Democratic Party’s majority control. For the first time since 2002, control of the U.S. Congress will be split between the two main parties.

What this means

Having majority control of a chamber of Congress means having overwhelming control of that chamber’s agenda. In the House, the Republican Party leadership will decide what legislation gets debated and voted on the floor (in plenary). It gets to write the first draft of every budget bill, starting next year with those for 2012. And they get the chairmanships of all committees, which hold hearings, draft and approve legislation.

Legislation approved by the House must also pass the Democratic-controlled Senate. The two houses must then reconcile differences in the legislation, which may prove to be very difficult. Then, bills must ultimately be signed into law by Democratic President Barack Obama, who could refuse to do so if he objects strongly to provisions that come out of the Republican House’s version. (continue reading… )

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