Update 4-28-2009: Murphy declared the winner of the race by a couple hundred votes, as a result of doing better on absentee ballots than expected.
The Politico is characterizing the virtual tie between Jim Tedesco (R) and Scott Murphy (D) as a loss for Republicans. (My guess, Tedesco will win comfortably after thousands of absentee and military ballots are counted.) The Politico argument is that a virtual tie is a loss for Republicans because of heavy Republican spending and bad economic times:
After all, if the party can’t win with a head start like that, on the heels of the AIG bonuses furor and a massive expansion of federal spending, where can it win?
In a District that went 68% for Kirsten Gillibrand just five months ago, the Democrat just managed a tie. That’s no win, no matter how you spin it, and Republicans should be heartened that they were able to close the gap in a District which voted for Obama and elected a Democrat to Congress comfortably in the two previous elections.