Rep. Mike McMahon (D) is waiting to see what redistricting does to New York's 13th district before launching a bid to reclaim the seat from Republican Michael Grimm.

McMahon's Staten Island seat was one of six captured by the GOP in New York last month. Still, the Democrat is confident his party’s fortunes will rebound.

"The beauty of politics, it's like the ocean has an ebb and flow, and I think this has been an ebb for the Democratic Party, with [the loss] of those congressional seats, but I'm certain there'll be a flow in the very near future," he told The Ballot Box.

McMahon continued to use metaphor when explaining whether he would seek a rematch with Grimm, who won by 3 percent.

"We will see how strong the moon is and what it does for the waters and the boundaries of those waters and we'll take a look and see," he said.

New York is expected to lose a seat after the completion of the 2010 census, which will make its redistricting process more complicated next year.

But Republicans sources say the district is unlikely to be redrawn more favorably for a Democrat because Staten Island itself, which leans conservative, won't be carved up.

Meanwhile, McMahon distanced himself from House Democrats and sided with President Obama on the deal to extend Bush-era tax rates. 

The centrist Democrat said President Obama showed leadership in working across the aisle to secure an extension of both the tax cuts for the middle class and unemployment benefits. 

"The president has shown that he will do whatever it takes to put the people of this country and their needs first, as opposed to those who would block any and all action by stomping their feet like petulant children," McMahon said in a statement released by the White House. 

Vice President Biden was at the Capitol for a second straight day Wednesday in an attempt to convince skeptical House Democrats to go along with the tax-cut compromise. Many on the left are up in arms over the tax-cut deal, and House leaders remain unsure whether it can get through the lower chamber. 

"There remain very serious reservations on the House side, and there’s still a serious question about whether this package can pass in the form it’s in now,” Rep. Chris Van Hollen (D-Md.) said Wednesday.

Updated at 10:30 a.m.