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Corporate America is relying on new tactics to shape the legislative outcomes it wants.
But Mr. Reid's communications strategist, Jim Manley, said that whatever the majority, the senator could not dictate legislative outcomes.
The public will see the Democrats as obstructionists and whiners, and the legislative outcomes won't be any different than if lawmakers had finished in regulation time.
Stock market investors in industries like banking, health care, energy and telecommunications that are heavily subject to the federal regulatory environment essentially can't avoid betting on election and legislative outcomes, whether they want to or not.
It would make it more conservative, changing the legislative outcomes on issues that range far beyond tort reform, starting with the Senate's vote to replace the lieutenant governor should Mr. Dewhurst leave for higher office.
Bob Edgar President, Common Cause Washington, Oct. 19, 2010 To the Editor: Campaign spending can still have a critical influence on legislative outcomes, even if it doesn't actually have an outsize impact on election outcomes.
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As far as those Republicans are concerned, the appropriations process probably ends with a continuing resolution anyway -- as has been the case in the last two presidential election years -- and those same conservatives feel a responsibility to put forward legislation they believe in, regardless of the already-baked legislative outcome.
But the legislative outcome is highly uncertain.
Even now, many people on Capitol Hill believe that further inaction remains the most likely legislative outcome.
"We think the more people that can be involved, the better the legislative outcome," Mr. Carona said.
Mr. Baker said that the best possible legislative outcome for Mr. McGreevey would have been for the Republicans to have kept their hold on the Senate.
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