There has been an incredible amount of speculation about next year's midterm elections. While I'm no political pundit, I'd say that the balance will change slightly. Republicans will pick up seats in both the House and Senate. How many depends on how the economy is doing, as that is the chief concern of most Americans. If Democrats can finalize health care and pass the climate change or financial regulation legislation, maybe even both, then they will retain control in the House and Senate. Why? This will prove they can govern efficiently and get important policies implemented. As we head into the new year, if there is one thing I would tell the majority party it would be do not take your commanding lead for granted. Even though there is an identity crisis and ideological struggle within the minority party, history shows that they will pick up seats in the midterms.
For now, Merry Christmas America. We are one step away from implementing the largest social policy since Medicare passed in the 1960s.