Staff and Credits TABLE of CONTENTS Obama Elected to a Second Term, Facing Fiscal Cliff and Nation Divided 2 PAUL ALBERGO Status Quo House Election Outcomes Seen Unlikely to Result in Big Changes 4 Managing Editor, Daily Report for Executives Democrats Expand Majority Status but Contentiousness Looms in January 5 CHERYL SAENZ, MICHAEL R. TRIPLETT Membership Changes to the 113th 8 Assistant Managing Editors, Daily Report for Executives 113th Congress by the Numbers 52 REPORTERS Alexei Alexis, Paul Barbagallo, Alison Bennett, SENATE HOUSE Lydia Beyoud, Cheryl Bolen, Heather Caygle, Kenneth P. Doyle, Brett Ferguson, Diane Agriculture, Nutrition & Forestry 12 Admininistration 31 Freda, Lynn Garner, Diana I. Gregg, Marc Appropriations 13 Agriculture 32 Heller, Aaron E. Lorenzo, Jonathan Nicholson, Nancy Ognanovich, Heather M. Rothman, Armed Services 15 Appropriations 33 Denise Ryan, Robert T. Zung Banking, Housing & Urban Affairs 16 Armed Services 35 EDITORS Budget 18 Budget 36 Sean Barry, Theresa A. Barry, Jane Bowling, Sue Doyle, Kathie Felix, Steve France, Commerce, Science & Transportation 18 Education & the Workforce 37 Dave Harrison, John Kirkland, Vandana Energy & Natural Resources 20 Energy & Commerce 38 Mathur, Ellen McCleskey, Isabella Perelman, Karen Saunders Environment & Public Works 22 Ethics 40 CONTRIBUTING EDITORS Ethics 23 Financial Services 41 Susan Raleigh Jenkins, Jeff Kinney, Susan J. McGolrick, John Sullivan, Joe Tinkelman Finance 26 Foreign Affairs 43 MIKE WRIGHT Foreign Relations 25 Homeland Security 44 Production Control Manager Health, Education, Labor & Pensions 27 Judiciary 45 Homeland Security 24 Natural Resources 46 Judiciary 28 Oversight & Government Reform 47 PAIGE K. CONNOR, DAVID MERRILL, Rules & Administration 29 Rules 42 KIMBERLY WAYNE Designers Small Business & Entrepreneurship 30 Science, Space & Technology 48 KELLY REILLY Small Business 36 Graphics Editor JOINT Transportation & Infrastructure 49 DAVID ROGOWSKI Photo Editor Economic 11 Ways & Means 50 CONTRIBUTORS Taxation 11 Rich Clement, Danny Dougherty, Loren Duggan, David Evans, David Ingold, Dave Merrill, George Petras, Greg Sullivan, Alex Tribou, Rachel Yu KATHLEEN HAYDEN, KEN SANDS Site Operations Letter From the Editor PETER T. GRAUER Bloomberg BNA and Bloomberg Government have come together to produce a guide on the Chairman, Bloomberg 113th Congress that gives readers an in-depth look at who is expected to be chairman and ranking DAN DOCTOROFF President & CEO, Bloomberg member on House and Senate committees plus what each panel’s legislative agenda will be in the NORMAN PEARLSTINE,KEVIN SHEEKEY new year. Our reporters also take a look on how the leadership races are shaping up in both cham- Co-Chairman of Bloomberg Government bers, and how the presidential outcome will impact Capitol Hill. DON BAPTISTE Head of Bloomberg Government Paul Albergo PAUL N. WOJCIK Chairman, BNA Managing Editor, Bloomberg BNA Daily Report for Executives GREG MCCAFFERY CEO & President, BNA MICHAEL EISENSTEIN VP & Group Publisher, BNA REBECCA PEARL MCCRACKEN Executive Editor, BNA PHOTOS Photos are courtesy of the congressional offices unless otherwise noted. COVER Photographer: Joshua Roberts/Bloomberg Concept: David Merrill © Bloomberg Finance LP www.bna.com | www.bgov.com Preview of the 113th Congress | 1 White House Obama Re-Elected to Second Term, Facing Fiscal Cliff, Divided Nation President Obama will face essentially the same Congress and an even more closely divided nation in his next term, as he tackles the immediate crisis of the fiscal cliff and the longer term issues of trade, tax reform, and energy. “By itself, the recognition that we have common hopes and dreams won’t end all the gridlock, or solve all our problems, or sub- stitute for the painstaking work of building consensus, and making the difficult compro- mises needed to move this country forward,” Obama told campaign workers and support- ers in a speech in Chicago, after Republican presidential nominee Mitt Romney conceded defeat. “But that common bond is where we must begin.” For at least the next two years, Obama will face a Congress similar in makeup to the last two years, with which he battled constantly over his legislative priorities. The Repub- PHOTOGRAPHER: JOSHUA ROBERTS/BLOOMBERG lican majority in the House will be led by A Democratic supporter holds a “Forward” sign as people gather Nov. 6 to celebrate U.S. House Speaker John Boehner (R-Ohio), who President Barack Obama’s re-election in front of the White House in Washington, D.C. has already laid down markers over taxes that puts him at odds with the president. and new businesses that follow, Obama said. The business community is pledging its support specifically in the lame-duck session The Senate, meanwhile, will remain in the “We want our children to live in an Amer- to get the fiscal cliff resolved and decide hands of Democrats and Majority Leader ica that isn’t burdened by debt; that isn’t expiring tax provisions, avoid sequestration, Harry Reid (D-Nev.), who is a strong Obama weakened by inequality; that isn’t threat- and address the debt ceiling, he said. supporter. He will be challenged at every turn, ened by the destructive power of a warming however, by Senate Republican Leader Mitch planet,” the president said. “Then I think importantly that sets the McConnell (R-Ky.), who under Senate rules, stage for a grand bargain in 2013, where we But as it has for more than two centuries, wields considerable power to block measures. can get serious about comprehensive entitle- progress will come in fits and starts, Obama ment reform as well as comprehensive tax “Tonight, you voted for action, not politics said. And recognizing commonalities does reform that restores our global competitive- as usual. You elected us to focus on your not solve problems, substitute for building ness,” Engler said. jobs, not ours,” Obama told his supporters. consensus or making difficult compromises, he said. This is all part of a strong economic “And in the coming weeks and months, agenda, and there is also opportunity for I am looking forward to reaching out and In a conference call with reporters, leaders regulatory reform, approvals, and permitting, working with leaders of both parties to meet of three influential business organizations of- Engler said. “We think those also are on the the challenges we can only solve together: fered their assessment of the election results. agenda, and should be again part of a growth reducing our deficit; reforming our tax code; strategy which we would hope would be John Engler, president of the Business fixing our immigration system; freeing incorporated on a bipartisan basis,” he said. Roundtable, said the group sent a letter to ourselves from foreign oil. We’ve got more the president warmly congratulating him and work to do,” he said. The president has won a mandate, because pledging to work with him to address the that is what winning elections is all about, Obama said that despite their differences, inaction and the uncertainty that have been Engler said. “It’s not the margin, it’s the vic- most people in this country share certain hanging over Washington for months. tory,” he said. hopes for America’s future. With the election behind them, it is time to In this case, more Democrats in the Senate Among them, a country that lives up to its get right to work, and the nation will expect heightens the responsibility of the president legacy as a global leader in technology, dis- the White House and Congress to cooperate, to lead, Engler said. While Republicans are covery, and innovation, with all the good jobs Engler said. the loyal opposition, they are in the minor- 2 | Preview of the 113th Congress www.bna.com | www.bgov.com ity and will have to work with Democrats to with entitlement and tax reform that might NAM released an analysis on the fiscal move the country ahead, he said. not appeal to either party’s base, Casey said. cliff, which shows it is already having an He was going to have to do something to impact by cutting 0.6 percent from this year’s “We’re poised to lead a global economic stabilize the debt, pull the plug on the fiscal GDP alone, Timmons said. recovery, but only if we act properly and cliff, do something to get over the gridlock in timely,” Engler said. Congress, and avoid a downgrade of nation’s Timmons said the business community is credit rating, he said. looking forward to having a dialogue with On the issue of raising taxes on the the administration about moving forward and wealthy, Engler said the president has the Now, leadership matters, Casey said. “[En- averting the fiscal crisis with its end-of-year obligation to put forward a proposal and GOP gler] talked about a mandate. Yes, there is a deadline. Businesses need to operate in an en- have an obligation to respond. Engler said the mandate I think, and that mandate is to come vironment of certainty and they are concerned Senate, with more seats in the majority party, together to solve these problems,” he said. about their global competitors, he said. also has a mandate, but it is not to do less. The business community, while con- Manufacturing is 20 percent more expen- There is a convincing economic argument gratulating the president on his win, is also sive in the United States after labor costs are to make for not raising taxes in the short hoping to ask in the next few weeks that taken out, because of taxes, regulation, and term, with unemployment around 8 percent this mandate is not so narrowly defined that energy policy, Timmons said. and 2 percent GDP growth, Engler said. it prevents opportunities to get everyone around the table to overcome the gridlock, “We want to make sure that our nation’s “When you start dealing with the fiscal Casey said.