Defeat of once-powerful Alaska Sen. Ted Stevens' is end of an era in state, nation's capital

Sen. Ted Stevens' election defeat marks the end of an era in which he held a commanding place in Alaska politics while wielding power on some of the most influential committees in Congress.

It also moves Senate Democrats within two seats of a filibuster-proof 60-vote majority and gives President-elect Barack Obama a stronger hand when he assumes office on Jan. 20.

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