President Joe Biden on Wednesday said the results of the midterm elections were a “good day for democracy,” as his Democratic Party did better than expected and he suggested he wouldn’t pivot from his agenda.
“I’m not going to change anything in a fundamental way,” Biden said, as Republicans were expected to narrowly take the House of Representatives but the Senate hung in the balance.
Speaking during a White House news conference, Biden qualified that he would compromise with Republicans “where it makes sense” but vowed he wouldn’t cut Medicare or Social Security or weaken prescription-drug
PJP,
reform.
Late Wednesday, there were three Senate races still to be called, in Arizona, Georgia and Nevada. Georgia’s contest between incumbent Democrat Raphael Warnock and GOP challenger Herschel Walker was headed to a runoff on Dec. 6.
Biden talked up his agenda, including the CHIPS Act that funneled billions of dollars into semiconductor production, and said “we’re just getting started.” He also vowed to cut costs for middle-class Americans.
This post was originally published on Market Watch
