Home › News

Democrats take Congress in a blue wave. Here's what it means for your money

Image: CNBC

With Democrats flipping control of Congress in the midterm election, the shift in power on Capitol Hill could reshape household budgets — from student loan bills and health insurance premiums to housing costs and taxes.

Experts say results show that rising costs were top of mind for voters.

"I see this election as a repudiation of the anti-affordability agenda from the Trump administration," said Daniel Bunn, president and CEO of the Tax Foundation, a nonpartisan, nonprofit research organization.

"Whether that's the conflict in the Middle East or the tariffs, just top to bottom, it's clear to me that was a real concern of the electorate," he said.

Continue reading at CNBC

This page shows only an excerpt. The full story is published by CNBC.

More news View More

Rupiah Bangkit ke Rp18.084 per Dolar AS Pagi Ini

CNN Indonesia · 11m ago

Breaking! IHSG Melesat 3%, Ini Penyebabnya

CNBC Indonesia · 11m ago

Rupiah Dibuka Menguat 0,19% ke Rp18.120 per Dolar AS

CNBC Indonesia · 12m ago

Ujian Ketahanan Industri Nasional di Tengah Gejolak Rupiah

Liputan6 · 14m ago

Ditemukan Pelanggaran, BKN Blokir Data Kepegawaian Pemprov Sulbar

Liputan6 · 20m ago

Breaking! Pembukaan IHSG Naik 2% Lebih, Ini Penyebabnya

CNBC Indonesia · 31m ago

Ujian Ketahanan Industri Nasional di Tengah Gejolak Kurs

Liputan6 · 35m ago

IHSG Berakhir Menguat, Simak 5 Saham Pilihan Hari Ini

CNBC Indonesia · 40m ago