The 2014 Midterm elections were a sweep for the Republicans. What is the impact on crowdfunding? The breakout of the US Congress post-election is: House of Representatives -186 Democrats, 244 Republicans Senate - 46 Democrats, 53 Republicans (shown below): The Republican majority in the House is significant. In political reality, this means that the Republicans control the government. Legislative priorities identified so far include: · Significant tax reform · Health care · 401K reform · Obama care repeal · Increase in number of visas granted to the high tech industry · Copyright protection Note that crowdfunding is not on this list. Nor is small business. Conventional wisdom states that Republ...
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