http://www.reuters.com/article/newsOne/idUSTRE48S8YR20080929Republicans in Congress see election odds worsening
Mon Sep 29, 2008 6:57pm EDT
By Richard Cowan - Analysis
WASHINGTON (Reuters) - Republicans' hopes for only modest losses in November's congressional election appeared to be fading as fears of an economic collapse and panic on Wall Street fuel U.S. voters' wrath, political analysts and lawmakers said on Monday.
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"Democrats have actually gained momentum because of the economic crisis in the past few weeks," Larry Sabato, a political science professor at the University of Virginia, told Reuters shortly before the House of Representatives vote.
While the trend is not irreversible, "on the whole, a bad economy hurts the president's party and the president's party is the Republican Party," he said.
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Now, with Palin coming under intense scrutiny and stumbling in a high profile interview with CBS News, many Republicans are starting to worry about her qualifications for the vice presidency, congressional aides said.
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With U.S. unemployment rising, home foreclosures at record levels and the budget deficit skyrocketing, Van Hollen said "voters understand and are suffering the consequences of eight years of Bush economic policies."
Republican Rep. Paul Ryan of Wisconsin, may have summed it up shortly before the bailout vote failed. "The problem is we're one month away from an election," he said. "We're all worried about losing our jobs."