What Now For John McCain And The Republican Party?

What Now For John McCain And The Republican Party?

For John McCain, his long quest for the White House ended gracefully in a final defeat, Tuesday night. The rest of the Republican Party fared little better than the top of the ticket. So, what happens for them, now? ABC News’ Linsey Davis has the latest.

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Phoenix, AR—What John Mccain hoped to hear were the chants of “Mac is back.“ But, when the people of the nation spoke, that’s not what they said.

Senator John McCain, (R) Arizona: “I wish the outcome had been different…never wavered.“

While disappointment welled in John McCain’s eyes, the party mourned the loss of additional power in Congress, as Republicans shed more than a dozen GOP seats across the country. Nationally, Republican turnout was the lowest since 1980.

Senator McCain: “We fought as hard as we could. The failure is mine, not yours.“

Some blame the ailing economy, a country at war, and the unpopular Republican president who congratulated his successor-to-be, and commended John McCain.

At this hour, several races in the Senate remain too close to call. While Democrats will still have control, Republicans are hoping election results don’t give the Democrats a filibuster, proof majority.

In the House, Democratic power has already increased.

Linsey Davis, reporting: “McCain is expected to get some rest at his home, in Sedona, and serve out the rest of his term in the Senate, while Palin is already being touted as a future star of the Republican party.“

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