What’s Next? 5 Takeaways from the Midterm Elections

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Chamber of Commerce President and CEO Tom Donohue on a night that left each party claiming partial victory and holding control of one chamber of Congress. Senate Republicans expanded their majority while Democrats picked up more than enough seats in urban and suburban districts to take control of the House. So what now? Here are the five things business leaders should know about the midterm results. However, those assets are in urgent need of repair, maintenance, and sustainable investment for the long term. Of course, the sticking point has been how to pay for those repairs. In order to move forward, especially in this new political climate, compromise will be required. Republicans must drop their opposition to increasing user fees to pay for highways and transit, while Democrats must embrace permitting reforms and private-sector investments as key ingredients in any infrastructure deal. The longer we wait to rebuild our infrastructurethe harder the decisions will be and the more the projects will cost.

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