46.3 million early votes. the total in 2012 was less than that. so we'll see how much gets counted. >> i'll be watching the gender gap. i think that's something that people are watching this election. they've made it an issue. both candidates have. could be the highest in the modern day era. >> good morning, it is finally election day across the country and "squawk alley" is live. ♪ good tuesday morning. happy election day. kayla tausche is following the election live in boulder,

colorado. with me here at post nine, as always, is john forte. dow just down 9 points. election day in the united states. voting across the country. and the final real clear politics average has hillary clinton up over three points on gop nominee donald trump. let's get out to kayla in boulder, watching the election from out there. hey, kayla. >> reporter: hey, carl. real clear politics has clinton ahead by three points in colorado here as well. the two candidates were tied as recently as last week. and it has been full core press for both of them since then. trump has been here five times and clinton just three. trump has spent half as much on television advertising and clinton has high-profile speeches from the likes of former vice president al gore here just yesterday, referencing the 2000 election and how important turnout will be to this state. >> you live in a state that is

right on the edge. the election is going to be decided by the turnout tomorrow. by the margin here in boulder. by the number of you who agree to go out and convince others to go to the polls. >> of course, colorado only has nine electoral votes. in many ways its population is a microcosm of the country at large. millennials make up a third of the voting population, the same as the country. nearly half of millennials are not affiliated with a political party. that's the same as the entire country. about 41% of voting millennials are hispanic. that is nearly identical to the country at large. that's why issues such as immigration and the job market and here in colorado climate change, given that the economy largely depends on skiing and tourism are top of mind for voters.

we spent the day yesterday canvassing students here about the issues that matter to them as they cast their vote. >> i feel like trump could bring possibly a positive change to the economy and try to get us out of this. >> when immigrants and people who come to this country are kind of looked down upon it's kind of like -- kind of sad. >> there's a lot of stuff happening on campus, lot of on campus groups pushing to have kids vote. if that wasn't happening, i don't think millennials would get out and vote as much. >> most of my generation believes in climate change. another big one is immigration and another one is the job market and housing. >> i voted for evan mcmullen. personally, i felt he better represented conservative values. at least my conservative values. >> and most of the students we talked to said that they cast their ballot by mail.

this is the first election in colorado that actually introduced voting by mail. 2.2 million early votes had been cast as of this morning according to the secretary of state here in colorado. interestingly, even though clinton enjoys a three-point lead, as i just mentioned, more republican ballots have been cast than republican ballots but the unaffiliated bloc in this state is so important. we'll see throughout the day what we're looking at in this state. >> whether you're watching potus or the down ballot races. we are watching trump to exit from having voted at public school 59 in new york city. again, we've already seen tim kaine vote early this morning. chris christie voted before dawn. hillary clinton, of course, voting in chappaqua. we're still waiting on mike pence, to see his vote today. all the major candidates, of course, exercising their right to vote in this election.

meanwhile, markets relatively cautious here. dow down two points. wells fargo chief economist and seth masters, bernstein's chief investment officer. good morning to you both. happy election day. >> good morning. thank you. >> seth, everybody makes note of the fact that markets in the long term tend to trade more on economic and secular trends rather than politicians and their terms. on the other hand, there is big implied volatility one way or the other tomorrow. how do you go through this week? >> i think you have to be willing to live with volatility. we'll see periods where it spikes up, which could happen this week, and periods where it fades again. it's not just in the united states. we're seeing the same thing happening. obviously, recently with brexit in the uk. big elections in italy, austria, germany, france. and each time there are

candidates who want change. the prospect that they may get in will broil markets each time. if you have well-founded research to take advantage of overreactions in the market. >> seth, if we do get a trump win tonight, tomorrow morning, whenever it's all called, it's most likely that we would end up with both houses of congress and the presidency controlled by republicans. we haven't seen that since the middle four years of george w. bush's term. what is likely to be the outcome then? how are markets likely to react? it's pretty rare for one party to control both houses of congress and the presidency. >> yes. i think the market kind of likes the status quo and thinks that gridlock is not necessarily a bad thing. probably the short term reaction would be quite negative, therefore, for a couple of reasons. first, because it would be a big change. and markets tend to be nervous about change. secondly, because there's a lot of uncertainty about exactly

what trump's policies would entail. he has talked about major tax cuts, which would involve probably a significant increase in the deficit and the national debt. that leads to uncertainty. and lots and lots of fiscal spending, which could be good for the economy down the road. but it's unclear exactly what that spending would involve. so, people won't be sure. our guess is that this narrative you just described where republicans control the whole government would not be, in the short term, a happy one for the stock market. >> john, we just had wilbur ross, billionaire investor, trump supporter, predict a recession within two years if clinton wins. other viewers write in and say you could be looking at a recession even sooner if trump wins. do you believe that either candidate changes the timing of a recession? >> no. i think it is -- at this late stage in the business cycle a significant probability we need to be careful about, having a

recession. but going to your earlier point, one of the interesting things on cnbc the last couple of weeks, we've heard so much discussion about how split the independent parties are, both the democrats and republicans. even if it's a unified democrat win or republican win, even the parties themselves have such different views that your probably not going to get this full speed ahead thrust of economic policy. >> some kind of tax holiday on repatrioted profits? some of the things the markets have been hoping for, for a long time? >> yeah. and i think, carl, a well thought-out infrastructure bill would be good. you need to really think about the benefits and the costs of the individual spending. it's not just spending lots of

money but spending it wisely. >> both candidates seem to want to do something along those lines. clinton proposal, as far as we can tell, would amount to $300 billion worth of spending. hard to know how much the trump proposal would add up to. it would probable be at least that much. i completely agree. the key issue is how the money is spent and also how it's financed. >> i think we are about to get, gentlemen, as you are talking, an exit by donald trump back into his car as the candidates -- ironically, you would think the final day of the campaign, john, would be alive with electricity. it's actually generally pretty chill. the president, for instance, played basketball this morning. i believe mike pence is on a bike ride. tim kaine said he was going to go for a walk. yeah. the schedule will be light, of course, because they all know they have a very long night tonight. there is donald trump. >> indeed. he has exited the polling place in new york city and has just

gotten into his car. of course, we continue to follow the election. along those lines, joining us now from the critical swing state of florida is former -- there's donald trump, waving. and he has gotten into the car at this point. they have closed the door and he is on with the rest of the events of this day in the campaign. joining us now from florida, former rubio senior adviser alex conan and here at post nine, morris reed. gentlemen, welcome to you both. >> thank you. >> thank you. >> it's been a crazy ride, at least in the polls. >> sure. >> given the amount of early voting what's your expectation as far as how the rest of this day plays out, if you're hillary clinton, if you are tim kaine, what your strategy is.

do you continue to push in certain locations today to encourage people to get the vote out? >> to give you a little color, to understand what they are doing. what you're doing is getting a little down time but working the telephones to find out what's going on, making sure they're getting out the vote. it's a little bit of down time but with your fingers on the pulse. calling people, finding out what the exit polls are. do you have enough money for street money? are the buses there? you're very active. you're not running around, you're still working because at the end of the day it's now about the turnout machine. you want to make sure that it's fully operational and functioning. sometimes you have problems. then you need to move resources. flag money in, fly people in. get food in. it's an active thing during the day. >> is that less of an issue during a year like this where we have so much early voting, so many states that haven't implemented that in the past, now have? is that less of an issue to get

the turnout going? or is it in some issues you have to counteract what's already been mailed in? >> i think all campaigns, competitive campaigns are sprinting to the finish line. marco rubio was doing an immediate tour talking to florida tv stations, radio stations. did over a dozen interviews, trying to emphasize anyone who hasn't yet voted, florida will be a squeaker, both on the presidential leb level and senate race. it's a very competitive race down here. anyone who hasn't voted yet, our message to them is you only have a couple of hours left. go get in line. make sure you vote. you would hate to have your candidate lose by a handful of votes and you didn't vote at the end of the day. >> 594 votes at the end of the day. >> moving things around. >> that's right. >> i was worried about michigan. you know it's raining in michigan. when things like that happen on day of, you get nervous. sometimes that suppresses your vote and people don't get out. you're trying to galvanize

resources to make sure. best thing you have is your candidate. putting them on the telephone, on radio. making sure that he's working and people are still hearing his voice. >> i was going to ask you about weather. everyone remembers brexit, which was affected by weather, many people argued. >> absolutely. >> we just had the warmest first week in november for 20 years, which is getting the attention of some retail analysts on the street. but it won't be inconsequential. >> it's raining in michigan. first thing i said was what's the weather report? quite frankly, in london, the rain stopped people in london for coming out. they were depressed, probably had three or four numbers off because of the rain that day in london. these things matter. >> alex, given that pennsylvania is a battleground and you've got this transit strike going on around philadelphia, how much of a factor is that going to be, especially given that it's as tight as it is and hillary

clinton expected to win there but perhaps narrowly? she really needs that urban vote. >> pennsylvania is one of those states where most people vote day of not like florida where over half the people have already voted. that's why all the candidates were in pennsylvania yesterday. there's still a lot on the table, including pat toomey's race. in a close race, weather, transit strikes. anything can have an impact, which is why it's so important that voters, you know, make it a priority to get to the polls. don't wait till this evening because things happen. life happening. get out. vote early. go over your lunch break if you have not yet voted. it is important. it's a huge election. we've seen in all the polling a significant tightening the last couple of days not just in the presidential race but critical senate races including here in florida with marco rubio and pennsylvania with pat toomey. >> morris, today eric trump was on one of the morning shows and

said if the vote is fair and trump loses, his father will give a concession speech, will agree to the results of the race. how much is riding on his response tonight to a loss if he loses? >> it's very important. i think that donald trump also is a person that understands his place in history. i don't believe that he wants to go out on a sour note this way. ultimately, if the race is a blowout, which i don't believe it will be, it's easy to do the right thing when it's easy. it's more important to do the right thing when it's hard. frankly, whoever loses needs to do the right thing, step forward, congratulate and help move the country forward. i think donald trump is aware this will be an important time in history for him. his legacy, his family. he will ultimately do the right thing, i think. >> for a man who changed the party and gave voice to millions of people who felt

disenfranchised, won't he want to retain ownership to some of that? >> absolutely. if he loses tonight, especially if he loses badly, there will be a lot of finger pointing on all sides. a lot of republicans saying if we had a better nominee, we could have beat hillary clinton. a lot of trump supporters saying the opposite. if the republican establishment had been more supportive of him. look, that's a debate to have the day after the election. i'm here in south florida where there are so many people who have come from other parts of the world where they don't have free elections, where they don't have the peaceful transfer of power. i think tonight, they and the rest of the world will witness one of the things that makes america so special. after our elections, our hard-fought elections, the loser concedes and there's a peaceful transfer of power. it's one of the great traditions in our country. it's one of the things that makes america the best country in the world, the greatest country in the world. and regardless of what side you're on, it's something to look forward to tonight. >> speaking of florida, to me,

hispanics are the big winners out of this election. if hillary wins, they will be a contributing factor, the way african-americans did under obama. the big opportunity for me with hillary? she could be the person that brings the white middle class, working class democrats back. >> how does she do that? >> if i were advising her, i would go there immediately. identify what the problem is and start to attack. special unit at the dnc to focus on this. if this slips away, we could have revolution in this country. you already see this type of undertone. president needs to be smart, focus on this demographic very important going forward. >> to use a bad analogy, that's not low-hanging fruit. that's a reach. >> it's hard, right? that's why you get in politics. it's hard. you have to do the tough stuff. >> a lot of those voters will want her impeached. >> ultimately because of the

rhetoric, they do. if she puts policy in places, reaches out to them and works with them to bring them back that's her big opportunity if she's elected president. >> and i would just add to that -- >> i want to frame the question a little bit. it seems like a lot of the appeal to that blue collar white voter has been things like being against immigration. basically the same sorts of issues that a clinton president would have to push in order to satisfy the base that is apparently coming out. can you have it both ways? >> i think you can. at the end of the day, they've felt that the american dream is not as real for them and their children as it was for their parents and grandparents. i think that's a concern that whoever the next president is will need to address and, frankly, it's a concern that the republican party really needs to address regardless whether or

not we win this election. if we lose tonight it will be, in large part, because of the hispanic turnout as the other guests just said. if marco wins in florida it's because he did very well with hispanic voters. i think that the republican party needs -- regardless of what happens tonight republican party needs to do better with hispanic voters moving forward. the message you take to hispanic voter, predominantly working class voters is the same message you take to white working class voters, expanding the american dream and bringing our conservative principles into the problems of the 21st century. >> alex, in all due respect, that has been thought about, written about in a famous gop memorandum. that's not the path they chose this general. >> let's see what happens tonight. look, losing three presidential elections in a row. if donald trump loses tonight

that is bad for the party. there will be soul searching if republicans underperform tonight. >> it's never as good as it looks or as bad. just because we won three in a row, if we win tonight, doesn't mean we've done everything perfect. i'm from ohio. so the fact that we may lose ohio is devastating. pennsylvania, michigan. that white working class is important. we need to find a message that works with them. it starts with manufacturing jobs. hillary clinton has to attack this right away because this could ultimately cripple her legislative agenda going forward. if she attacks this with a focused campaign and message, it could work. >> morris reed, alex conan, big day in america. thank you for joining us. philadelphia transit strike did end overnight, control room whispered in my ear. good news for voters trying to vote in that city.

up next, pennsylvania has voted democrat in every election since 1988. but it's a state donald trump needs if he wants to win. we'll go there for a closer look. later chairman of the house financial services committee joins us with his take on trump versus clinton. we're drowning . where, in all of this, is the stuff that matters? the stakes are so high, your finances, your future. how do you solve this? you don't. you partner with a firm that advises governments and the fortune 500, and, can deliver insight person to person, on what matters to you. morgan stanley. the markets change... at t. rowe price... our disciplined approach remains. global markets may be uncertain... but you can feel confident in our investment experience around the world. call us or your advisor... t. rowe price. invest with confidence.

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as voters head to the polls, in pennsylvania suburban women could make the difference. chester county, pennsylvania, adidi roy joins us. >> reporter: we have been here at the classic diner trying to get a temper of the voters here. great place to do so. as you mentioned, this is a swing county in a swing state and there's an important demographic here. among voters, suburban women. a research institution survey shows in the last seven

presidential elections, suburban women have voted three times for the republican candidates and four times for democratic candidates. the voting bloc has gone with the winner in every presidential contest since 1988. clinton has spoken a lot about being a mother, grandmother and working woman. trump has enlisted ivanka trump to roll out his child care policy to a crowd in philadelphia suburb. the women we talked to seem to be mixed. >> as a woman, i feel very shy not voting democratic, not voting hillary clinton. it's not that i have anything against hillary, just the issues they line up. wasn't a big fan of obamacare, to be honest. so i felt that the issues that he presented were, you know -- and the people he is going to surround himself with in terms of the supreme court were more in line with the direction of the country i wanted to go in. >> hillary clinton is the most qualified candidate and best fit

for the job. >> i voted for trump because he is the lesser of two evils, in my opinion. >> reporter: we've talked to a lot of folks here at the classic tiener. from what we could tell from our unscientific way, seems right down the middle. not surprising, being in a swing county. back to you, kayla. >> reporter: all right. aditi roy in chester county, pennsylvania. when we come back, marijuana laws on the battle in nine different states, including full recreational use in nevada and california. live out west to see what legal pot could look like on the other side of this break.

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good morning once again, everyone. i'm sue herera. your cnbc news update at this hour, hillary and bill clinton voting at an elementary school near their home in suburban new york. she greeted supporters waiting for her outside. >> it is the most humbling feeling, dan, because, you know, i know how much responsibility goes with this and so many people are counting on the outcome of this election, what it means for our country and i'll do the very best i can. >> uber, lyft and zipcar are all offering discounts to those heading to the poll. uber will give you $20 off your trip. lyft will give a 40% discount and zipcar is offering free

rentals on several thousand cars 6:00 and 10:00 pm. new study suggests e-cigarettes could lead to cigarette smoking, at least among los angeles area high school students. research from usc is based on a series of interviews with more than 3,000 tenth graders. that is the news update this hour. back downtown. carl, back to you. >> thank you very much, sue. interday swing here on the dow, up 58 points after being in the red for most of the morning. s&p 2136, four points from the 2140 that it was october 28th prior to that letter from fbi director james comey. almost making up all that ground. peso is the one to watch. dollar lowest versus the peso since october 20th. let's get over to seema mody and get the european close. >> one day after posting their biggest jump are taking a wait and see approach for the

election results in the u.s. as for what the election outcome could mean for european stocks, deutsche bank says it cease a jump should clinton win and five to 10% downside in case of a trump victory. barclay's saying they could see a rally if clinton is victorious and thinks a trump win could bring forth a correction. index higher fractionally on the day. brexit at the end of june. when the vote surprised the other way, markets did see a knee jerk reaction reflected in the uk currency. jp morgan says we could see a similar reaction if the republican nominee wins. global currency traders keeping a close eye on the russian ruble. euro holding ground against the u.s. dollar at $1.10 ahead of tonight's u.s. results. ftse 100, britain's supreme court has given the government

permission to appeal the high court ruling that parliament's approval was required before beginning formal talks to leave the european union. some strategists say this will only prolong britain's divorce from the european union. for now, carl, back to you. >> seema, thank you very much. nine states will consider legalizing marijuana for medical or recreational use during voting today. i'm amazed these votes could legalize marijuana for a quarter of all americans? >> reporter: just on the recreational side, carl. of all the places considering marijuana legislation today, tommy chong has chosen to be in las vegas tonight. is sin city ready for another sin or is the whole thing going to pot? nine states considering the issue. four for medical marijuana, arkansas, florida, and five for recreational reasons. nearly one in four americans

will live in a state where recreational pot is legal. $40 million has been spent on both sides. most of it on the yes side in california. next door here in nevada, where they've just gotten their medical marijuana system up and running, very big player is spending money against legalizing recreational pot on ballot question two, las vegas sand who owns the venetian. he lost a son to drug abuse and has put almost $6 million behind defeating pot measures. not just here but in arizona, florida, massachusetts. he is not the only vegas ceo to just say no. >> jane, i'm opposed to it. i think the police have all they can handle here. and i don't think they need that added burden. i voted no. >> reporter: okay. adelson, interestingly enough has not put any money against the measure in california. one in three people may be from california. supporters here say if it's

legalized there, they'll just bring their pot with them. >> so any of the problems the other side has described, even though they inflate them, but any of the problems they describe that actually exist will still be here. we won't have any tax revenue, regulate who is selling this, where and when it can be sold. >> reporter: now, there could be many reasons casino owners don't want a pot legalized. for example, how do they monitor their own employees and test for that? of course, there are the jokes that perhaps a stoned gambler spends more time at the all you can eat buffet than at the tables. back to you. >> we'll see you later on tonight. jane wells in las vegas. ubs director floor of operati operations. symmetry in how tomorrow may go depending on tonight's outcome.

do you agree? >> i do. you want to put it in a little more perspective. i don't think it's solely about secretary clinton versus mr. trump. the theory is that if he wins, then the republicans will either retain or win further in both houses. that will give one party a complete sweep. and that is a slight negative for the markets. it's not just trump. it's the idea of one party having all together and the presumption is that if she wins, they will not be able to get the house of representatives in any case. we came in a little nervous this morning. we held some support here at 21-20 to 21-23. then crude went back into plus territory. that's allowed us to lift. right now we're looking at, as you aptly pointed out, an area where we broke after the first comey letter. so that would be 21-38.

that would be an area for viewers to watch. >> a slight negative for the market, you say, a republican sweep. but surely it would be a positive for some segments of the market. what would those be? >> pharmaceuticals and financials. again, that would inhibit elizabeth warren and bernie sanders from being able to call on hillary for you owe me. i campaigned for you and i would like to work on these groups. certainly those two, pharmaceuticals in particular and then the banks probably behind it. >> as we go into the afternoon, we're looking for various proxies. cramer says a good proxy on nafta. others repeatedly look to the peso. do you have a favorite? >> i think the peso is it. for what it's worth, everybody i talked to is talking about larger than normal crowds at the

polls. looks like it will be a pretty hefty turnout. i think that could put the results kind of up in the air. you just don't know whether -- one of the paradoxes of this campaign was that clinton spoke to respectable crowds and trump managed to speak to thousands of people. now, whether those thousands are energized enough to come out and vote, that could change things around. it's going to be a very interesting race to watch. >> it certainly seemed to have been energized, at least to vote early, given the numbers that we've seen out of florida, some out of north carolina. now i wonder -- we haven't seen a democrat follow another democrat who has been in for eight years since, what, the 1930s roughly. given the patterns that we often look at and how well the market does under the first year or two of a democratic president, do we have to rethink that, given just the uniqueness of this time? >> i do think you probably want

to rethink it in the sense that the economy has been a little long in the tooth here. you might be getting ready for some problems. i think if secretary clinton gets in and republicans get ahold of the house she may be facing investigations from before the day of the inauguration on, the clinton foundation, et cetera, et cetera. that will eat up some of her political capital. and then i think it's going to be a problem. the cost of obamacare is going up. that could cost them seats in 2018. there's a lot of democratic senate seats up in 2018. >> long day ahead. >> yes. >> long night. thanks very much, art. keep it right here on cnbc. we'll have special election coverage at 7:00 pm eastern. we're going to do things differently this year.

dominic chu is back at headquarters. >> we'll take you through five terms you're going to be hearing a lot of during the course of election coverage. first is a term you'll see on some of these results coming in, that's too early to call. not enough data yet on vote counts to make any kind of determination. too close to call is different. too close to call means that you have a lot of data out there. but it's really within the margin that you can't make any projection. you'll talk about three types of winners on all of our graphics tonight. winners are not declared until polls close in that particular state. first one is important. projected winner. when you see that, it's that nbc has made a projection that a candidate will win the race. the vote count is not yet complete. one thing you'll also see is apparent winner. apparent winner is that no projection has been made but that virtually the entire count has been made and one candidate

clearly has a lead. the other one you'll see is outright winner. this only happens when a candidate has clear ly won the race beyond any normal margin for a possible recount. that's the winner. you will not hear any kind of official winner tonight because many states take days to weeks to actually certify a vote result. five key terms. 7:00 pm is when our coverage starts. back over to you. >> nice walking up the stairs shot. we had the shot of you at the computers. we're going to have lots of creative shots, i'm sure. up next, what the gop leadership is thinking ahead of today's election. rick stan telly is next. hey nicole. hey! i just wanted to thank your support team for walking me through my first options trade. we only do it for everyone gary. well, i feel pretty smart. well, we're all about educating people on options strategies. well, don't worry,

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news alert for you here. vice presidential candidate and indiana governor mike pence just voting in indianapolis. this means that we've now seen hillary clinton, tim kaine and donald trump all vote either today or very early this morning. we will see when the rest of the 130 million americans votes are counted, what it all means tonight. hopefully tonight. >> yes. >> some of the recent times where the race has been called, last cycle, 2012 was 11:17 eastern at night. '08, 11:00 pm. '04, 11:00 am the next morning. and then, of course, 2000 was december 12th. >> and nobody wants to see that happen again, carl. i know you're going to have a

late night. hopefully not too late. let's get over to rick santelli. >> jeb hensarling. chairman of the house finance services committee. welcome, chairman. >> thanks for having me, rick. >> let's start with what i consider the overview. what policies are you hoping to bring forth after today's vote is known? what policies for growth do you and your fellow republicans want to implement? >> first, if i could, the american people can google that today at a better way and find out what the gop plan for growth is. number one, it starts with fundamental tax reform. we know that we have a tax code that is not built for growth. we have the most uncompetitive corporate tax rate in the world. that will help bring jobs back. number one, we've got to get the corporate tax rate down. we've got to get the rate down for business pass throughs.

we need to go through a territorial system instead of a global system. we need simplification. next, our capital markets need to be working. unfortunately dodd/frank has made capital less available and less expensive. it puts government bureaucrats between consumers and their credit cards and their mortgages. small business lending is at a 25-year low. so, we fundamentally have to reform dodd/frank to make sure that markets work to end the bailout but to ensure that people take risk but take risk with private capital, not taxpayer funds. next frankly we have to return to the rule of law. we are governed too much by the discretion of regulators. part of the better program republicans have put forward is to make sure that congress is approving these regulations that too often are proving ownerous for job creation in america.

we get rid of something called the chevron doctrine, which puts the thumbs on the scale of justice in favor of the government as opposed to small business people, entrepreneurs and investors. we would go forward with a regulatory budget to make sure that with the exception of health and safety and other emergencies, that if we're putting regulations on the backs of small people and invaters, we're taking some of the regulations off as well. it's accountable government. it's fundamental tax form. it's repealing, replacing dodd/frank, to put private capital into place and taxpayer bailout funds and to make sure that entrepreneurial risks can be taken yet again in our economy. those are just some of the -- >> let me interrupt you one second. >> sure. >> listen, i think as logic and common sense would dictate, everything you've listed is very

difficult to argue against those. >> you would be surprised. >> from corporate america -- yeah. and pointed them out. my question is, why couldn't they be implemented? these didn't just pop into your head or the republicans' head or freedom caucus or tea party group. this has been pretty much the talk for the last several years. what happens caused these not to get over the finish line? what will change to be able to get them over the finish line, chairman? >> optimistic of the ability of republicans to take the house, senate and white house. the last i looked, barack obama has been our president for the last eight years. frankly, we've had a democratic senate for much of that time. we also have a 60-vote threshold in the senate. not every american knows about it. it essentially, with few exceptions, means that you have to have at least -- under the current math, six democrats agree before you put something on the president's desk. so all we can do is go to the

american people. frankly, a fair amount of detail. under our speaker, paul ryan, republicans have put forth the most detailed plan for economic growth for personal freedom. >> you have contingency plans? do you have contingency plans insofar as if we hold the senate, we don't hold the senate? certainly looks as though you're going to hold the house. are there breakdowns? you and the current speaker of the house -- of course you're friends with chairman ryan or speaker ryan. do you have different plans to try to get these things done given all the combinations of the way results could turn out? >> i think i would go home and drink a cold beer if the election didn't go my way. beyond that, we're never going to end trying to find some common ground. if for some reason the senate or white house goes the other way -- for example, hillary clinton has changed her opinion on trade. she has changed her opinion on social security reform.

>> speaking of trade, we're almost out of time and i want to get out as much information as possible. many are concerned that tpp, the big trade deal, might be a lame duck issue. quickly, do you see that as a possibility, sir? >> well, we haven't even seen the implementing legislation. frankly, it will be difficult to get that done when you have both major presidential candidates that have come out against it. and so many provisions that the obama white house put in there that have nothing to do with opening up trade. we should be a great trading nation. i'm not sure tpp makes the cut. >> listen, chairman, thank you. sorry to interrupt you. we wanted to extract as much information as we could. good luck in your race. thank you for being a guest this election day. carl, back to you. >> good stuff, rick. thank you so much. rick santelli. when we come back, early voting showing a huge increase in turnout especially among latino voters. will that be enough to give hillary clinton the edge?

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>> i take it indianapolis, where vice presidential candidate governor mike pence making his vote on this election day, adding his vote to that of hillary clinton in new york this morning. donald trump a few moments ago in mid-town, manhattan, tim kain, earlier today in richmond, virginia. 130 million americans will have their votes finished being

counted today to determine the 45th president of the united states. all morning long, we have been going to battleground ground states across the country, where candidates have spent the majority of their time in recent weeks. kayla, good morning, in california. >> reporter: good morning, carl. we have here on the campus of cu would irjoined by john frank for the denver post. we are in an urban area, it is no difference college campuses are left winging, tell us about the state of play in colorado and the significance they can play this year. >> colorado is a late breaking battleground state here. it's important for trump. if he's going to do well, he's got to win colorado. clinton is confident bus she hasn't come as often on three trips since the convention, she's back up on tv after going dark since july so if colorado matter, it's going took for trump, if trump is financial to

win, he to win the state. >> reporter: trump has been here 13 times and this past weekend. he only spent half as much as checkpoint has on ads. is he making a dent? >> three trips in eight days, he is trying to get a turnout. you have to remember, colorado wasn't atate that went for either presidential candidate, it picked bernie sanders, it picked ted cruz. donald trump had a ground and we are home to never trumpers and the national convention. so he had to energize this, the eadvantage cals turn out to the polls. >> reporter: early voting is playing a larger role, perhaps in this state than in any other state because of the prevalence of mail-in ballots. how much should we be looking to those to find out what happened? >> the early numbers, are a better barometer. we have 2 million. we are hoping to get to close to 3 million at the end of the day.

election day is fascinating. we have mostly unaffiliated voters. 30% on election day were uni affiliated. they are young, they make up the largest -- >> it's humbling and moving for our little family. we are so grateful for the support and prayers of people all across the united states for donald trump and for our firm belief that we can make america great again, but i'm also, i'm also especially grateful to the people of indiana today, who have given our family opportunities to serve to put us in a position where we may well have the opportunity to stand beside the next president of the united states and bring real change to this country and i just would encourage every american who believes like we do that america can be stronger at home and abroad, america can be more prosperous, that we can

chart our future open our highest ideals to take time today to vote and to join us in supporting donald trump as the next president of the united states. >> reporter: who'd you vote for? >> i voted for donald trump on the next president of the united states of america and let me also say on the homefront, it gives me such, it gives me so much hope to know that mike hocum is standing, to support his candidacy as governor with their vote and grateful to have someone like clyde young, willing to step forward and serve in what we hope will be a renewed republican majority in the united states senate, we are newed majority in the house and senate, i am very confident a president donald trump will have the partners we need the rebuild our military, revive our economy and set our nation on a pathway where we can once again have

government as food as our people. thank you very much. just very humbled to be here today. >> reporter: what did it feel like to cast a ballot with your name on it? >> very humbling. very humbling. >> vice presidential candidate mike pence augusting to the cameras, encouraging everyone to go out and vote, which given the lines today, it will be somewhat of a challenge, important nonetheless. >> people stand in line for lesser things. this is an important thing in our democracy. >> that's right. >> another swing state in the spotlight shifting back and forth is north carolina. it will be a tight one. it is tightened by cultural and racial issues. scott, good to see you again. >> reporter: we are ought another polling place in raleigh t. u.s. court of appeals may have said it best in july and most succinctly race and politics in north carolina are

inextricably linked. we can show you video from a polling place in charlotte. it has been certainly busy here t. state board of elections says there were issues with electronic polling books. those are basically the voter rules in durham county. they've switched over to paper. remember there was an issue in this state where in several counties, a court ruled voters were improper purged from those they were restored and the board of elections says they are up deed following the law. >> we are in full reliance with the number of voters taken off the roles through a challenge process in three counties. that was fully resolved before the week began. we're happy with being able to comply with it that quickly and if those voters appear in their precincts, they will get to vote a regular ballot as they would have if those challenges have not occurred. >> reporter: the court challenges over the issues of

race and opinions have been flying back and forth, a standing opinion earlier this year from the u.s. court of appeals over proposed changes in the voting laws. they target african-americans with surgical precision so they were reversed. they say we can only conclues the forth carolina opened with discriminatory intent they have african-american turnout using down, white turnup is up. both of those turnout levels important to both sides in the presidential race as well as the key u.s. senate race to be decided today and the race for governor. carl. >> scott, of all the, you know states well, since you've run our state franchise in terms of what's best for business. i'm wondering of the big questions tonight, what's top of

mind for you? >> well, i think the racial issue here the social issues here are very, very important. remember the whole debacle over the government law. governor pat mccrory struggleing to hold on to his seat after approving that law t. state attorney general refusing to defend it. so it's almost a referendum on that as well as key issues. in this state, the presidential race, they don't gut much more crucial than this. all the analysts have said it would be very difficult for donald trump to get the presidency. it's also difficult for hillary clinton to when this state without the turnout insures that we've discussed. >> scott, thanks. tonight be sure to join us on our special coverage begins tonight at 7:00 p.m. eastern time.

>> the markets are filtering some of that information. >> the markets will be careful to give people a chance to vote and feel their voices have been we heard. >> we will see you tonight. it's time for "the half" back at hq. [ music playing ] >>. >> all right. guys thank you so much. i'm scott wapner. your market, your vote. as america goes to the polls, where will your money work today? joining us today is our panel. we do want to begin with a look at the markets. stocks hanging around, pretty much the highs of the day. dow jones looking at a nearly triple digit gain