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The U.S. Chamber of Commerce may be the nation’s premier business lobby, but it could use some counseling on its political investments. The lobby’s bet in 2020 that supporting “centrist” House Democrats would protect against anti-business policies has been a bust.
The Chamber in the runup to 2020 made the unusual decision to alter its voting scorecard to endorse 23 House freshman Democrats for re-election. The theory was that Democrats were likely to control Congress. The endorsements would buy support from Democrats who would resist an assault from the progressive left on taxes and regulation. Fifteen of the 23 won re-election. (See the nearby list.)
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