GOP begins laying legislative ground work after across-the-board victories

NICK TIMIRAOS And COLLEEN MCCAIN NELSON ---- The Wall Street Journal 

Both political parties on Wednesday began to assess the impact of a far-reaching Republican sweep in the midterm elections, with GOP leaders expected to start laying out their plans and the White House contemplating a final two years in office with a Republican-led Congress.

President Barack Obama will make his first comments about his party’s across-the-board losses on Wednesday when he is scheduled to hold a news conference at the White House at 2:50 p.m. Eastern time.

The president has invited House and Senate leaders from both parties to a meeting at the White House on Friday afternoon, a White House official said.

Attention turned to what Republicans would do after securing control of the Senate, adding to their majority in the U.S. House and winning governors’ races in solidly Democratic states.

“The president took a beating last night,” said New Jersey Gov. Chris Christie , the chairman of the Republican Governors Association, in an interview Wednesday morning on ABC.

Big wins for Republican governors offered a road map for the new GOP majority in Congress, Mr. Christie told NBC. “People want to get things done.” Those wins also look set to scramble a potential GOP presidential nominating contest by injecting a new roster of viable candidates.

Click here to read more.