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Wednesday, 26 October 2016

Republicans Investing $25 Million to Save Senate, But It May Be Too Late: TheStreet

Published on Oct 26, 2016
Republicans are pouring millions of dollars into a last-ditch attempt to save their Senate majority, but many indicators say their efforts may be in vain. The Senate Leadership Fund super PAC is investing $25 million into six races to bolster the GOP, reports Politico, on rising fears Donald Trump's declining poll numbers will hurt down-ballot candidates like Kelly Ayotte in New Hampshire, Pat Toomey in Pennsylvania and Richard Burr in North Carolina. But it may be too little too late. The Cook Political Report on Tuesday said Democrats will likely take the Senate, anticipating the party will pick up five to seven seats. A RealClearPolitics average of polls shows Republican incumbents Ron Johnson in Wisconsin and Mark Kirk in Illinois likely losing their seats and lists Democrat Michael Bennet in Colorado as safe. Prediction markets see many closely-polling states leaning Dem, including Pennsylvania, New Hampshire and Nevada. John Aristotle Phillips, CEO of U.S.-based prediction market PredictIt, discussed what that might mean come Election Day.

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