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Companies may have to make amends after midterm elections #p2 #tcot #teaparty

Well to the winner goes the spoils. If the GOP is successful in taking the house they will likely command the majority of contributions again. Of course retribution on companies that worked with the Obama administration is shortsighted especially given that if the house turns over it is likely to be temporary given the changing demographics that will likely make Republicans a permanent minority if they do not change their platform.

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Republicans have a message for the businesses that worked closely with the Obama administration over the past two years on key controversial issues: We won’t forget.

Take the case of Wal-Mart, the behemoth big-box retailer that liberals have long loved to hate. Several years ago, it began to break ranks with industry groups by speaking out in favor of an increase to the minimum wage and health-care reform. And, for the first time in its history, it gave more money to Democrats than the GOP for Tuesday’s elections.

The corporation’s moves caught the eye of Republican Rep. Dave Camp of Michigan. During a phone call with company lobbyists last year during the fight over the health-care bill, Camp bluntly reminded Wal-Mart of its unpalatable position on the issue, according to sources familiar with the conversation.

Now, Wal-Mart’s political team finds itself in an awkward position. Camp is poised to become the next chairman of the powerful House Ways and Means Committee.

Companies that worked with the Democrats over the past two years would face a far less sympathetic audience from Republicans, who are expected to make significant gains in the midterm elections. If they gain control of Congress, party leaders have pledged to revisit the health-care bill and lower taxes for businesses.

"Some businesses joined in on the hang-me-last strategy," said Rep. Peter Roskam (R-Ill.). "I think upon reflection, in moments of candor, they may say they were foolish to do that."

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Companies may have to make amends after midterm elections

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