Democrats are expected to take over the House and Senate, and the debate over taxes and Trump's agenda gains momentum

With the projection that Democrats will take control of the United States House and Senate, Fox News analysts began to debate whether the opposition will be willing to negotiate with President Donald Trump or whether it will prioritize investigations and confrontations. The discussion was shown on "Fox News Democracy 26" coverage, according to the channel.

The central question was posed by presenter Bret Baier: with greater numbers in Congress, will Democrats be in a mood to close deals and eventually give Trump a victory, by sanctioning something they themselves approved?

For commentator Kellyanne Conway, the night did not represent a victory for the Democratic Party, but rather a defeat for the Republicans. She stated that there is a "civil war" brewing within the Democratic camp, with a wing that will want the impeachment of Secretary Hegseth and investigations into cryptocurrencies and the Trump family.

Pragmatism versus confrontation

According to Kellyanne, the more pragmatic wing of the party will argue that victories in places where the party had not won for decades (she cited 1932 in some cases and 1994 in Texas) will only be preserved if there is cooperation with the president, on issues such as health. She assessed that it will be a real test of leadership for Chuck Schumer and Hakeem Jeffries.

Kellyanne also predicted a Democratic effort to raise taxes on the rich and redistribute resources, arguing that some have too much money while others can't afford a home.

Tax on great fortunes on the radar

Presenter Dana Perino recalled that there was a wealth tax on the ballot in California, the results of which she said she did not have in hand. In her assessment, the "law of economics" means that this type of tax does not achieve its intended objectives, but it tends to be popular. She predicted the first question of the Democratic primary debate will be who supports a flat tax on all billionaires.

Perino also compared the night to 2006, when George W. Bush lost the midterm elections and media attention shifted from the White House to the Capitol. She said that Trump, even ruling out changes to the cabinet, will need something to change the conversation, and that he will still count on the presidential "pulpit" to do so.

The 1994 precedent and the solutions indicated

Another panelist drew a parallel with Bill Clinton in 1994. According to him, after that defeat, Clinton signed into law social welfare reform, the telecommunications law, HIPAA and the only balanced budget in the last 32 years. He also cited Ronald Reagan and Social Security reform.

The panelist suggested that Trump could reach deals with Democrats in areas such as education, artificial intelligence and immigration. Among the ideas floated was making the first US$50,000 of income tax-exempt, up to US$150,000, and continuing Trump accounts. Regarding immigration, another member stated that the issue could consolidate the president's legacy, remembering that "only Nixon could go to China".

What to watch out for

All ratings are the opinions of Fox News panelists, and the transcript does not provide data on the size of majorities. For the investor, the point to follow is whether the divided Congress will produce agreements or impasse, and what the direction of the tax agenda will be, today dominated by the discussion about taxing the richest. According to the channel's report, Trump congratulated his opponents on their victory, and the panel concluded that the night should serve as a lesson in humility for both sides.

Automatically translated from Portuguese.