The House now belongs to the GOP. Here's what party leaders say they'll do first.

Published On Nov 14, 2024, 4:47 AM

The GOP has regained control of the House of Representatives, and party leaders are preparing to implement their agenda. With a slim majority, they plan to focus on significant tax reforms in the first 100 days, including a proposed reduction of the corporate tax rate from 21% to 15%. They want to tackle high living costs and inflation, although this may lead to debates within their own ranks. Additionally, the GOP is signaling a focus on energy policies, particularly in the fossil fuel sector, and aims to address the debt ceiling. The upcoming fiscal policies could be pivotal, influencing government finances and potentially leading to aggressive economic strategies.