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| The scene of the final election for the Senate of Marietta, Georgia, USA. © Reuters = News 1 |
Foreign media such as the New York Times (NYT) reported that the Democratic Party at the beginning of the counting in the US Senate runoff vote held on the 5th (local time) was ahead of the Republican Party in both seats.
It was found that the Democratic Party candidate Rafael Warnock was 52.4%, leading the Republican candidate Kelly Roppler (47.6%) by about 50,000 votes amid 27% of the elections at 8:7 pm. Democratic candidate John Osoff also beat Republican candidate David Purdue (48.4%) with a 51.6% vote by about 32,000 votes.
Currently, of the 100 seats in the US Senate, Republicans take 50 seats and Democrats take 48 seats. If the Democratic Party secures both seats, it will retake the Senate majority party status. The number of seats in the Senate is the same 50-50, but because the Democratic Party-elect Kamala Harris, the next vice president to take office as the Senate chairman, holds the casting boat.
However, it is reported that the Democratic Party is showing a calm atmosphere, saying that the results of all four counties must be observed. Initial counting results came from Democratic counties.
Like other states, Georgia held the Senate election together during the November 3 presidential election last year, but due to no majority of the votes in both seats, the final vote was held on the 5th according to state law.
Georgia, which has a strong conservative color, is originally a Republican garden, but the Democratic Party won in about 30 years in the last presidential election, making it difficult to predict the outcome.
The counting process is expected to end on the same day, but due to the large number of pre-voting, it may take 2-3 days for the results to be revealed, a Georgia election official said.
The results of this election are expected to determine the fate of the next US government by Joe Biden as it cuts the game of the Senate. If the Democratic Party takes all the two seats of Georgia’s senators and takes the initiative in the Senate, Biden’s pledges such as a corporate tax increase, a wealth increase, and a minimum wage increase could speed up.
Experts believe that if the’Blue Wave’, in which the Democratic Party dominates the White House and upper and lower houses, is realized, there is a possibility that the financial market may fluctuate due to strengthened regulations and tax increases.
However, the fact that a large-scale economic stimulus plan can come out is a good news for the market. Biden said that the $900 billion stimulus plan was already a commission, and announced his intention to pursue additional stimulus measures after taking office on the 20th. It also suggested the possibility of increasing the cash salary (existing $600) by saying that he wants to send 2,000 dollars to those in trouble with Corona 19 right now.
On the other hand, if the Republican Party takes even one seat, the Republican Party maintains the Senate majority position. The Senate reserves the right to send US troops abroad, consent to the appointment of officials, approve treaties, and veto legislation to pass the House of Representatives. For this reason, if the Republican Party becomes a majority party, it could disrupt Biden’s state administration. It is highly likely that a person with strong progressive colors or a high-strength stimulus package will not cross the parliamentary wall.