Welcome to this special midterm election edition of All In On Peacock. I'm Chris Hayes.

We have lots of results. We've also got a lot of suspense. We have the insider experts

here to make sense of it all. But here is the top line takeaway. Control of the house

and the Senate is still undeciding. It's coming down to a handful of tight races where

we are still watching results roll in. They may trickle in over the next hours, days,

or even weeks. Now as expected, the house looks like it is leaning slightly, slightly towards

the Republicans. That's our model right there on the screen. You see, we have projected 222

Republican seats, but the plus or minus seven seats means that depending on those outstanding

races, it is still possible. The Democrats can maintain their majority, which would be a

truly shocking turn of events. Likewise, in the Senate, where Democrats can hold on to control

if they eat out victories in two of the remaining four undecided races, one of which appears

headed for a runoff next month. So let me just stress that again, because the big headline

right now about the midterm elections in the year 2022 is that Democrats didn't get dropped.

They didn't get wiped out. They could still hold Congress. They could technically still hold

both houses of Congress. We simply do not know yet. And this was not where we expected things to

stand going into election day. Of course, inflation, 8% of 40 year high, Joe Biden's job approval

was about 44%, 45%. Usually the danger zone for an incumbent president of either party heading

into a midterm. Republican insiders, and this is the entire Republican political class, whether you

talk to them on or off the record, were ecstatic, pre-gloting about a blood bath coming for Democrats,

a red wave akin to the Newt Revolution of 1994, when that party won more than 50 seats, or the two

party rules of 2020, when Republicans won more than 60 seats. Ted Cruz laid it out on Monday.

I think it's going to be a tsunami. I think Republicans are going to retake both the House and

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