As speculation has grown about the Republicans retaking the Senate this November, so has the discussion about what it would mean for Democrats. Short answer: nothing, unless the GOP grows a set. If that happens, however, it will be a death knell for liberalism.
The House and the Senate can repeal the “Affordable” “Care” Act and replace it with a simpler act that enables people to buy insurance across state lines, removes the employer and individual mandates, allows for a broader range of insurance products to be sold (e.g. catastrophic insurance, 80/20 plans, and those with great networks), and ends the business of having young people subsidise older people. Of course, the IRS would not be a part of it: it would be nothing more than free-market principles on display.
They then send this Act – which would be rather popular with the people – to the Resolute Desk for a signature. President Obama would then either have to sign in the repeal of his signature achievement or veto a very popular bill.
The added bonus? Republicans would be the party of good idea that people like, not the party of no.