Biden Presidency a Plus for Industry, But Covid Surge Looms
A Joe Biden presidency is looking increasing likely, now that the challenger has established a clear electoral majority, and recounts and lawsuits in several swing states seem unlikely to sway the outcome. But an expected Democratic clean sweep does not appear to be forthcoming, meaning a Biden Administration will probably have to contend with a narrow opposition majority in the Senate. Divided government may disappoint those rooting for broad policy changes, but will preserve a status quo that included many benefits for the industry. Specifically, it will preserve the reduced business tax rates that leveled the playing field a bit ... Log in to view full article.