The Republican Party’s prospects in November’s midterm elections are continuing to climb. Betting market PredictIt now gives the GOP a more than 70% chance for taking control of the U.S. Senate away from Democrats.
The Republican Party’s prospects in November’s midterm elections are continuing to climb this month, with betting market PredictIt now giving the GOP a more than 70% chance for taking control of the U.S. Senate away from Democrats.
“Broadly speaking, Democrats’ momentum from the summer has largely leveled off, with voters increasingly focused on Republican issues such as the economy, inflation, and crime, at the expense of Democrats’ agenda items, including Roe and guns, according to recent polls,” said Benjamin Salisbury, director of research at Height Capital Markets, in a note on Monday.
To be sure, some forecasts still suggest Democrats will maintain their grip on the 50-50 Senate, which they currently control only because Vice President Kamala Harris can cast tiebreaking votes. A FiveThirtyEight model as of Friday gives a 52% chance for that chamber of Congress staying blue, while Salisbury said in a note on Friday that Height’s model says GOP odds of winning the Senate have improved but only to about 48%.