We still don’t know the winner of the presidential election or which party will control the Senate, and, with President Donald Trump threatening to challenge the outcome, the legal wrangling and uncertainty could drag on for some time. It is still possible Democrats end up winning the White House and, with Kamala Harris’ tie-breaking vote in the Senate, control of Congress too. But even in that scenario hopes of a major post-election fiscal deal, along with much of Joe Biden’s broader economic agenda, may be dead on arrival. If Republicans retain the Senate, the odds of another significant fiscal package being passed would be greater under Trump than Biden.
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