How the 2026 Midterms Will ACTUALLY Unfold for Republicans

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What is Mark Halperin’s outlook on the 2026 midterm elections for Republicans?

Mark Halperin 0:02
Everybody, welcome. Mark Calperin here. Thank you for being part of Next Stop. I'm the editor in chief of Two Way and the host here. And uh I think I've uncoded, decoded what's going on with the midterms. I think I've got a theory about what's actually happening that's a little different than some of the others you'll hear elsewhere. And I'm eager to share with you in my report of monitoring. I've talked to a ton of people in both parties and independent analysts since the Republican convention. And I'm gonna share with you in a minute what I think is a different perspective on on where we are. After that, two great guests, uh Avita Dati Alfonso. She's a contributor at the Fed uh Federalist, a really good comment young commentator and thinker about public policy, often from the point of view of a younger person.
Mark Halperin 0:42
She also happens to be part of what I call the Kennedys of Wisconsin. Her father uh was uh a congressman, now the secretary of transportation. And um Sean Duffy and her husband, uh, Michael Afonso is running for Congress now as a Republican nominee in Wisconsin. So we're gonna talk about uh the state of politics and uh and how Republicans are thinking about this challenging election season. And then my friend David Bonson will be here, author of Profit from the Profit. If you're interested in understanding uh the best way to invest, and David is an extremely successful investor, I think you'll appreciate hearing David's thesis about which kind of companies he believes are the best place to put your money, the best place to invest in your own future.
Mark Halperin 1:23
by finding companies that pay dividends. Before they get here, though, my reported monologue, um uh you know every day people want to know from me uh what's gonna happen in the midterms, who's gonna win, et cetera. And uh I don't know. And I'm not gonna tell you today who's gonna win, but here's what I'm gonna tell you. The way if you if you listen to cable news, if you read uh most of the political analysis Here's the conventional wisdom right now. Uh the environment is for the Democrats. Uh presidential the president's party does poorly almost always in the midterms. The president's approval rating is bad. The Oran is a drag on Republicans, uh the price of gas, the price of food, et cetera. But that the losses will be limited.
Mark Halperin 2:02
It will not be the kind of overwhelming level of loss that you normally see in a midterm, uh particularly when the president's approval rating is low like President Trump says, because redistricting put off limits a number of Republican seats, a large number of Republican seats. And um And then on the Senate side a lot of the competitive Senate races that Republicans would have to lose, Democrats would have to win to get the net for for the majority would uh are in red states that President Trump won easily in there. And so Probably I would say again, just looking at all the conventional wisdom, Democrats will take the House and they'll either take the Senate exactly netting four seats or they'll just come short, they'll they'll win three.
Mark Halperin 2:41
Uh the betting markets are along those lines. Uh so we're talking about uh in the House maybe twelve to twenty net democratic pickups. Again, it's kind of the conventional wisdom norm. Or And in the Senate uh again, j right on that line between taking the majority or not. I got a different view, and I'm not saying that couldn't happen. But I think the more likely outcome is not that kind of centrist uh center centered uh uh conventional wisdom. It's it's over here or it's over here. It's on the extreme of one side or the other, which is to say, either we're going to see a blue tsunami, the size of uh Connecticut, I like to say, uh that um wipes out not just all the races that are currently thought of as competitive, but others.
Mark Halperin 3:23
So in the Senate, we see Republicans lose uh not just places like Ohio, North Carolina, Maine, Iowa, but we also see them lose maybe places like Kansas and South Carolina that Republicans could lose up to eight say Senate seats, which would give them the majority there quite easily.

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