Pennsylvania's Special Election Gives Pollsters a Sneak Peak Into the 2018 Midterms
There is a special election in Pennsylvania's 18th district Tuesday that could provide a clue as to what we'll see in November. Managing editor of political site Sabato's Crystal Ball, Kyle Kondik, says the party that holds the White House historically pays a penalty down the ballot.
The election comes because Republican Congressman Tim Murphy, who has held the seat since 2003, resigned. Kondik says Congressman Democrat Conor Lamb is culturally a good fit for the district and has out-funded Republican rival Rick Saccone.
Sabato's Crystal Ball rates the race as a true toss-up, which is somewhat shocking, because the district has always been red. Even if the Democrat loses, Kondik says, the fact there is even a tight race shows just how tough November could be for Republicans.
Sabato's Crystal Ball incorrectly predicted, like so many others, that Hillary Clinton would win the presidential election in 2016. Kondik says a lot of pollsters got caught up in Donald Trump's "strange candidacy," but traditional, political science models still have a track record of accurately predicting elections.
The Supreme Court will be hearing arguments in Dobbs v. Jackson Women's Health on Wednesday over a Mississippi law banning abortions after 15 weeks. Jimmy Hoover, the Supreme Court editor-at-large for Law360, joined Cheddar to break down the momentous legal fight. "This is the biggest abortion case at the Supreme Court in 30 years," he said. "It is a … a direct challenge to Roe v. Wade."
Matt Peron, Director of Research at Janus Henderson Investors, joins Cheddar News' Closing Bell, where he breaks down the factors leading to today's market slide and says there's more to it than Fed Chair Jerome Powell's comments about speeding up tapering efforts.
Walmart CEO Dough McMillon praised the Biden administration's efforts to ease supply chain constraints after the company saw a 26 percent jump in shipments over the last month. President Joe Biden had announced back in October that California ports would operate on a 24/7 basis.
Jill and Carlo cover the latest developments with the Omicron variant that are spooking markets once again. Twitter's @Jack is leaving, SCOTUS takes up abortion rights and the world has a brand new republic.
The Biden Administration is set to buy 10 million courses of Pfizer's Covid pill if it gains emergency use authorization from the FDA. With this purchase, the U.S. will receive more than 13 million courses of antiviral pills aimed at treating Covid and reducing severe illness and death. Pfizer's pill has been shown to reduce risk of hospitalization and death by 89 percent, proving it could be a key tool in the fight against the pandemic. Dr. Soumi Eachempati, Co-Founder, CEO & CMO of Cleared4, joined Cheddar News to discuss.
The Build Back Better Act has been at the center of endless negotiations and debate, ultimately landing as a nearly $1.8 trillion plan. One of the highlights is $170 billion dollars for affordable housing, making history as the largest investment in the sector to date. Eliza Collins, politics reporter for The Wall Street Journal, joins Cheddar News to break down the bill.
The Biden Administration is releasing 50 million barrels of oil from the U.S. oil reserves in hopes of easing soaring gas prices. Vijay Vaitheeswaran, Global Energy and Climate Innovation Editor at the Economist, joined Cheddar to discuss.
