*By Carlo Versano* The bitter midterm election season is coming down ー as it always does ー to who turns out to vote. With control of both chambers of Congress and dozens of statehouses up for grabs on Tuesday, and a polarizing president at the center of it all, the 2018 midterm election will be seen as one of the most consequential in modern U.S. history. Democrats hope that Trump's unpopularity will drive voters to the polls and, in so doing, repudiate his agenda and divisive style of leadership. Republicans are counting on a booming economy to counterbalance the conventional midterm wisdom that the party in power loses seats. That focus on the economy ー historically low unemployment, a bull market, and sustained wage growth ー would have been easy to miss during the last leg of the campaign season, as Trump and his surrogates went all-in on a hard-line immigration message. Nick Givas, a reporter with The Daily Caller, said that the economy was the GOP's best bet for holding off Democratic gains: "If there's one thing voters can point to that's tangible, it's more jobs, it's more money in their wallet," he said. Trump's incendiary rhetoric, particularly on the subject of immigration, is a callback to the very strategy that got him elected. "Immigration also helped him rise in the polls as a presidential candidate," Givas said. "He's going back to his bread and butter here" and making a bet that getting his base "hot and bothered" will drive turnout. But that strategy is exactly what mobilizes Democrats to vote, as noted by the DCCC's Molly Mitchell in an earlier interview on Cheddar. "We've built the largest battlefield for Democrats in over a decade, and we've recruited incredible candidates across the country," she said. The DCCC counts 80 House districts in play nationwide, 71 of which are Republican-held. Democrats need a net gain of 23 seats to take the House. The Senate map remains favorable for the GOP, and the chalk bet is that the party will keep control of that chamber, but lose the House. Meanwhile, 36 governorships (26 of which are held by Republicans) will also be decided, with Democrats expected to make inroads in red states. Then, of course, there are the ballot initiatives that have been largely overshadowed by so many contentious races. From marijuana legalization to gas taxes to minimum wage, voters in 37 states have 155 ballot propositions in front of them. Wall Street will be particularly attuned to whether voters choose to legalize pot for recreational use (Michigan, North Dakota) or medical use (Missouri, Utah) and whether minimum wage hikes (Arkansas, Missouri) can get passed in an era of soaring corporate profits. With so much at stake and so much attention being paid, it will come down to turnout ー a worry for Democrats in the East, which is under widespread threat of severe weather. Bad weather on Election Day is widely believed to favor Republicans ー as the people most likely to stay home tend to be Democrats. The first polls close at 6 p.m. ET in parts of Kentucky and Indiana, and the "first test of what kind of night this going to be" will come when polls close at 7 p.m. in Virginia, according to Reid Epstein, political reporter at The Wall Street Journal. He's keeping an eye on VA-7, the district outside Richmond. If incumbent GOP Rep. Dave Brat falls early, that will bode well portend good things for Democrats. Epstein cautioned against gleaning too much from exit polling aside from the composition of a given electorate. After all, Democrats who took exit polls as gospel in 2016 went to bed thinking they would wake up to President Hillary Clinton. As the night progresses and the results roll in, California could throw a wrench into the results things. The massive state, home to multiple swing districts and notoriously slow to tabulate results, allows mail-in ballots through Election Day, meaning if control of the House is riding on the Golden State, we may not know right away. Polls there close at 11 p.m. ET. "We may all be sitting and watching the mail get delivered in Santa Ana and Irvine over the course of the next few days," Epstein cautioned. Both he and Givas, and the Daily Caller reporter, agreed on one thing: "It's going to be a long night." For full interview [click here](https://cheddar.com/videos/voters-head-to-the-polls-on-election-day).

Share:
More In Politics
Robinhood Bullish on Biden Crypto Executive Order
Stock trading app Robinhood already has been offering cryptocurrency investments but seems further excited about the asset class following President Biden's recent announcement of an executive order. Dan Gallagher, the chief legal and corporate affairs officer for Robinhood, joined Cheddar News to talk about the White House's tentative vision for digital currency. "I think this executive order firmly states that, yes, crypto is here to stay, which it talks about the important competitive issues around crypto and how the United States needs to be a leader, a global leader, in innovation and technology regarding crypto," he said. Gallagher also discussed having clarity around meme stocks going forward but worried about overregulation slowing down innovation.
Biden Economic Adviser Addresses Inflation Jump Amid Ukraine Crisis
As Russia’s attack on Ukraine, the latest inflation report showed the consumer price index rose 7.9 percent — a 40-year high. Heather Boushey, a member of the White House Council of Economic Advisers, joined Cheddar News to discuss what American consumers might be in store for as prices keep rising. "Forecasters at this point believe that the American economy will be resilient," she said. "They’re still predicting that the unemployment rate will continue to be lower at the end of the year than it is today, and we are still seeing folks believe that over time prices will come back down." Boushey did note that it would be dependent on how long the current situation lasts.
Will Ukraine Join The EU?
Simon Shuster, TIME's Moscow correspondent joins Cheddar to discuss how Ukraine could become part of the EU and what it would mean for politics in Europe.
Russian Oil Ban Will 'Force a Transition' to Renewables, Says Caravel Concepts CEO
President Biden has banned imports of Russian oil to the U.S. in retaliation for its invasion of Ukraine. The president warned of higher prices at the gas pump, leading some analysts to think it could propel the transition to clean, renewable energy. Michael Jones, chairman and CEO of investment solutions company Caravel Concepts, discussed how the ban is hitting green energy stocks as gas prices continue to surge. "I think the 10-year prospects for renewables just got a whole lot better because ultimately this is going to force a transition into renewables," he said.
How the Russia-Ukraine War Will Impact International Travel
Amid ongoing tensions in the Russia-Ukraine region, many American travelers are nervous about traveling to Europe. It comes at a time when international travel was set to make a comeback, but uncertainty surrounding the conflict may delay the overall recovery. Francesca Page, Travel Expert, joined Cheddar's Opening Bell to discuss.
Tensions in Russia, Ukraine Threaten Global Food Supply
Russia's invasion of Ukraine is coming for the global food supply. Ongoing tensions in the region are threatening the supply of various agricultural products including wheat, barley and corn. Vladik Rikhter, CEO & Cofounder of Zenput joined Cheddar's Opening Bell to discuss how this could impact food prices overseas.
Stocks Soar on Wednesday, Nasdaq Posts Best Day Since March 2021
Adam Johnson, Portfolio Manager at Adviser Investments, joins Cheddar News' Closing Bell, where he explains why he believes we saw markets jump during Wednesday's session, and adds that investors have already priced in 'every possible kind of bad news we could have.'
Load More