3 in 4 US voters rate the economy negatively... Democrats take both chambers

Democrats secured majorities in both the House and Senate in the U.S. midterm elections held on November 3, according to the Associated Press. The outcome came as roughly three in four voters rated the economy as "bad" or "not so good," with only 2% calling conditions "very good," per a CNBC Voter Poll drawing on about 100,000 interviews conducted by phone, online and at polling sites. Cost of living weighed heavily on ballots, with about nine in ten respondents saying it was important or very important to their vote, and voters ranked the economy above democracy and immigration as the nation's top issue. The results matter because they hand Democrats control of both chambers of Congress alongside the presidency, shaping the legislative path for spending, taxes and cost-of-living relief. What to watch next is whether unified Democratic control translates into fiscal measures addressing voter economic discontent ahead of the next election cycle.