logo
  

Biden Says He's Ready To Work With Republicans After Democrats Lose House Majority

capitol building 111722 lt

President Joe Biden said he is ready to work with Republicans after the GOP regained the House majority in the midterm elections.

In a statement congratulating Kevin McCarthy on Republicans' victory, Biden said, "I am ready to work with House Republicans to deliver results for working families."

"I will work with anyone - Republican or Democrat - willing to work with me to deliver results for them," he added.

Earlier, the House Republican conference re-elected McCarthy to be its leader, putting him in line to be the next speaker of the House.

"Americans are ready for a new direction, and House Republicans are ready to deliver," the Representative from California tweeted.

With Mike Garcia retaining his seat in California's 27th district Wednesday, the Republican Party won the 218 seats required for a simple majority in the House.

Democrats have won 210 seats. With three critical states still counting ballots, they are expected to improve their seat tally and pin the rivals to a razor-thin majority.

The Democratic Party narrowly holds the majority in the Senate but an outcome in favor of the Republicans in the House will have a major impact on the remaining two years of Biden's presidency. GOP lawmakers will be able to effectively block Biden's agenda and nearly every piece of legislation proposed by him in the Congress.

House Speaker Nancy Pelosi said in a statement that House Democrats defied expectations with an excellent performance" in the midterm elections.

In the next Congress, House Democrats will continue to play a leading role in supporting President Biden's agenda — with strong leverage over a scant Republican majority, she added.

Pelosi plans to address her future plans Thursday to her colleagues, her deputy chief of staff and spokesperson Drew Hamill said on Twitter.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Precision care innovator GE HealthCare Technologies, Inc., recently spun-off from General Electric Co., reported on Monday that profit for the fourth quarter declined from last year, reflecting higher interest and other financial charges. The company also initiated adjusted earnings guidance for the full-year 2023. Japanese auto major Toyota Motor Corp. has retained its title as the world's top selling automaker in fiscal 2022 for the third straight year, by selling around 10.5 million vehicles. The global sales were nearly flat with last year amid solid demand centered around Asia, while global production grew with increased capacity and production optimization in North America and Asia. Dutch consumer electronics giant Philips Electronics NV reported Monday a loss in its fourth quarter, compared to prior year's profit, even as sales increased. The company further declared a dividend, and said its order book remains strong. Going ahead, the company projects comparable sales growth in fiscal 2023, 2025, and beyond.
Follow RTT