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January 13th, 2010 5:23 pm
Markets Still Predict Slaughter in Massachusetts Race
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Much has been made of the special election in Massachusetts to replace the late Ted Kennedy.  The Senate race has major implications for the health care debate in Congress because if Republican candidate Scott Brown were to win next Tuesday, he could provide the 41st vote to stop ObamaCare in the Senate.

Obviously, any vote to limit the size and power of the federal government is welcome in Congress but the initial reward for taxpayers would be great.

As of tonight, however, the markets predict that Mr. Brown only has a slim 25.9 percent chance of victory against Democrat Martha Coakley, but his numbers are up sharply from earlier this month.

Regular polling has also seen a sharp tilt in his favor, as Brown has closed a 30 point gap and made the race essentially a tossup.  History is very much against Mr. Brown’s effort; Massachusetts has not elected a Republican Senator since Edward Brooke in 1972.

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