Republicans to Hold Most Governor Offices Since 2000

US Flag

Republicans won the North Carolina governor’s office from Democrats to take control of 30 U.S. statehouses, the most in more than a decade.

Bloomberg reports that the party also held off re-election challenges in Utah and North Dakota, and retained the corner office in Indiana, where Republican Mitch Daniels stepped down because of term limits. Democrats previously controlled the governor’s offices in eight of the 11 states voting for their Chief Executives Tuesday.

The Republican victories build on gains made two years ago, when the party’s candidates rode a wave of economic discontent to capture 11 governor’s offices from Democrats and reclaim a majority it lost in 2006. Its winners this year pledged to cut taxes and spur economic growth. There were 29 Republicans in governors’ seats heading into yesterday’s election, compared with 20 held by Democrats and one filled by an independent.

'The story is Republicans did well elsewhere, so it wasn’t a wholesale repudiation of the party', even with a loss by Republican Presidential candidate Mitt Romney, said Jennifer Duffy, a senior editor with the Cook Political Report in Washington. 'It provides them with plenty of bragging rights'.

Hit the link below to access the complete Bloomberg article:

Republicans to Hold Most Governor Offices Since 2000

‘Joe the Plumber’ Sees Election Hopes Go Down the Drain

Democrats Assured of Keeping U.S. Senate Majority

 

Register for Financial Markets News Alerts