1:30. i've been promised dinner and breakfast after the dinner at 1:30. we'll have steak and eggs at 1:30. >> with a few pancakes thrown it. let's get some steak from the "willis report. she has the meet meat of the lech -- elections coming up next. gerri: hello, everybody, i'm gerri willis. voters head together polls today. if you took a quick snapshot of the u.s. economy there is an improving picture for incumbents and friends of the white house. national unemployment rate under 6%. it dropped since the president took average. the natural average for gas @nder $3 a gallon now. mortgage rates are near lows. according tt s&p case-shiller,% home prices are still 15% below the housing boom peak. what about your personal economy? many of us experienced stagnant wages or were unemployed or underemployed. so how will this translate at polls. neil cavuto joins us now. he is hosting our special fbn

election coverage starting at 8:00 tonight. neil, great to see you. >> good to see you, my friend. gerri: tell me, what is the mood tonight in your view? >> you spelled t out very nicely right there, gerri. as you and i discussed on-air, off-air, the number and statistics are the administration's friend and trend. they have been getting better. we're well off the mat but a lo3 of americans still feel down for the count. in other words they don't feel this recovery. maybe owing to my age, i can remember the same type of argument that the bush administration,, sr. was making 1992 running for re-election. statistically he was right getting better. and not enough americans felt it and bill clinton waltz into the white house. the same sort of ainge is still there right now. it could hurt democrats. a lot of polls are very, very tight. it would take six net gains for

republicans to capture the senate. we're not quite there. gerri: we're not quite there. i wanted to ask you which of the races you're really interested in watching? which will be most telling tonight? >> i will look right off early on because we get them early on in north carolina and new hampshire. in both those states the @emocrat is ever so lightly favored. if it turns out the republican wins or scores very big gains in areas that typically republicans do not, it could telegraph what will be a bad evening for democrats and a very good evening for republicans that might even be able to withstand losing a republican seat in kansas. i was talking to a, you know a political historian who was telling me that he is thinking now that the republicans could pick up to eight, maybe nine seats. others are saying that is wishful thinking. that maybe the best repuulicans can hope for is 50 seats, which in that event, has joe biden in the tiebreaker role as president of the senate and vice president of the united states, would technically be under democratic

control. that is a long-winded way of saying, i have no idea. >> well i know you're a total geek about this and you love studying these numbers. >> it issinteresting. gerri: from what i understand, polls are closing, getting tighter and tiggter all day long. my question though, even if the gop takes the senate, the president is still there with his big veto pen, to stand in the way of any real transformation. >> i think you hit the nail on the head, gerri. when you think about it, even if republicans take the senate, even if they get six seats, they will not have 60 seats, not enough to stop debate. they will not have the 67 seats to override a presidential veto. you will still have a democrat in the white house the next two years. he would probably not entertain dismantling his signature piece of legislation, that is the health care law. so the best they can hope for is maybe to rip pieces out of it, the controversial medical device tax even some democrats say there bears removal.

but it is going to be a very, very tough sell to overcome a president who has more than a comfortable, almost veto-proof sort of edge on republicans. but, but, it is going to be republicans chance and opportunity to prove, should they get the majority, that they with harry reid out of the way, they can push legislation and leave it up to the president then to accept or reject or veto and put him in the position of saying, look, you're just rejecting what we're offering but we keep offering it. so the onus will really be on them. one last statistic i leave you with, gerri. it is startling. four times in the last decade americans have turned majorities out of either one branch of congress or the white house. every two years. in other words, whatever passion they're feeling, and whoever they elect in the winning side it is a short lived victory. and republicans would be wise to remember that, no matter how they perform tonight, what

voters giveth, they very quickly can taketh away. gerri: unclear what could happen next two years. i always ask you because you have a great guest list on these election nights, who are you looking forward to talking tonight? >> it is interesting, i get a kick out of hearing ceos whether coal industry giant or the guy taking on the president taking on coal industry and john paul dejoria, shampoo titan says we need a clean sweep of washington, pardon the awful pun. we have big politicos, including paul ryan who might be in the presidential mix and governor pens who might be also in the presidential mix -- governor pence. a mix of politics and business at stake. that makes our fox businees offering a little unusual. you can go to other business networks as you know and get business side. you go to other networks to get

the politics side. @e make one nice souffle'. gerri: it's a nice souffle'. i know you got a lot ahead tonight. neil, thank you. >> their very much. gerri: all night long into the wee hours of tomorrow neil will host our fox business election coverage starting at 8:00 p.m. tonight. you want to join us for that. he will have a bang-up list of guests as i discussed. stay with us for our coverage. it will be terrific. so as you just heard me discuss with neil, republicans need a net gain of six senate seats to gain control of the senate. if you want to follow that story, here is your road map to returns. starting at 7:00 p.m. eastern time the first polls close in virginia, south carolina, georgia and kentucky. and those last two, georgia and kentucky, are still considers toss-uus. at 7, polls in west virginia and watch carolina where democratic incumbent kay hagan is running neck-and-neck with her republican opponent. also west virginia is likely a republican pickup.

watch for the first turnover of the night there. and next, new hampshire is the race to watch as polls close at 8:00 p.m. in 11 states. incumbent democrat jeanne shaheen has a slight edge over transplant, former senator scott at 8:30, arkansas another title battle could go to the republicans as senator mark pryor continues to fall further behind the gop candidate. things heet up at 9:00 p.m. eastern time as 10 more states start offering up their results including three toss-ups, colorado, louisiana and kansas where an independent is making things pretty darn interesting there. all eyes on iowa at 10 p.m. and montana also closes and almost certain victory for the grand -@ol' party. a few more states come in after that. the latest, toss upstate, alaska, won't close until 1:00 a.m. eastern time. witt we're still going to be on. we'll still show you the results. the results may not even be finished until tomorrow. there are a lot of reasons we may not know it's a republican

sweep until very late or tomorrow. while as i mentioned, west virginia, montana, south dakota, are almost sure things. 10 races could go either way. if it is too close to call in georgia the runoff in that state is not even scheduled until january 6th. now here to break down which issues are driving voters the polls today, let's bring in our panel, doug holtz-eakin, president of american action forum, guy benson, political editor for townhall.com and john lonski chief economist from moody's, a bang-up panel. doug, i start with you. earlier in he show noel mentioned how important obamacare is in the election. republicans drowning the airwaves with ads. is this a big issue for voters? >> no question, this is a big issue for voters. number one they're disgruntled with the poor economic performance, haven't seen a raise, median family income hasn't recovered. ttey look at the president's policies that is what is on the ballot. obamacare is not pro-growth policy and they know it.

it is not pro-growth policy. it is hurting democrats in two ways and it is emblematic of the president's approach and that is really what is on the ballot gerri: guy, i want to turn to you for the question, extending obama care question to seniors. because there has been unintended consequence to obamacare. it put a heart in the knife of medicare advantage. 350,000 seniors thrown off medicare advantage. because the money is going to obamacare. we've seen the federal reserve, low interest rate policy for eiiht years now, zero return on savings. seniors are getting killed under this administration. are you hearing from them? >> well, you're dell going to hear from them. seniors are more likely than most demogrrphicses to vote in off-year elections and midterm elections, gerri. to piggyback off what doug is saying, democrats are trying to will into existence this narrative obamacare would not be an issue in this cycle. it absolutely has, nrcc, i herd

from nrcc folks yesterday in the republican headquarters, one out of every three ads run by that organization this entire cycle mentioned obamacare. you know what? almost everyone of them, gerri, that i have seen dovetails with3 a medicare meddage as well, noting that obamacare cut medicare. so you're absolutely right.3 it is a one-two punch on health care that republican candidates have been using now week after week after week. the show how ostensibly theop of numbers are improving right? ggs price, i can't remember an election where gas prices fell like they have in this election and people weren't exciied about it. people are just, the jobless rate has fallen. things would appeaa on the surface to be better but i don't think that is how people feel. >> omebody once said there are lie, damn lies and statistics and that's what we have today. oh, sure the aggregate numbers look good. what they're masking is continued deterioration of distribution of income. this has been great recovery for those who already have, for

the top 1/3 of the income distribution. everybody else seems to bb falling behind. wage growth is going no place. real wages are declining and many households are still stuck with underwater mortgages. gerri: goes on and on. and quickly here, we'll bring you back in the next block, but i just want tt ask, we have 18.6 million early voters so far. doug, does that sound like a big number to you? how does that line up? >> important thing about early voters, people lock in their perceptions months in advance. the fact that the jobless rate falls close to the election or good economic news on gas prices, doesn't change their perception. and so, the early voting i think gets overrated from this perspective. what we're seeing is battle overturnout. one of the reasons you run a lot of obamacare with medicare ads, that brings seniors out. that helps republicans. millenials are deserting president. they're very discontented.

they will not come off to offset. i think early vote something little bit of a red herring. gerri: doug, guy, john, you're continuing to dissect the top issues facing voters today, from obamacare, to seniors from the markets to millenials. i took cameras ut to the streets of new york. we talked to folks all over the country, what the biggest issue was during tte election. we'll hear from them throughout two ladies from texas. what is your big issue in the election? >> the economy. >> tell me more. why? >> because, everything, that when the gas prices went up, everything went up. and i mean, most people, their salaries did not go up. our retirement did not go up. ♪ (receptionist) ndman oup.

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gerri: welcome back. it is election day and the group that has impacted the most from white house policies has been seniors. we've been talking about that. for more how they will be voting and impact of well, government misstepp, we'll bring back our panel. douglas holtz-eakin, american action forum, guy benson, townhall.com and john lonski from moody's.

guy, i will start with you. big topic of network has been government incompetency. talking about irs, obamacare. doesn't seem the governmeet can put a foot right. is that going to impact this election. >> absolutely, veterans affairs, secret service malfeasance, foreign policy, we're talking abouttsome big issues driving the election. we're talking about the economy and obamacare. i think national security has come to the foreover the last few months in a way a lot of prognosticators were not anticipating, in such a way beneficial to the republican party which has advantage inn3 polls on foreign policy and on national security related issues. i think you're absolutely correct, gerri, when you look at government incompetence, not only have some of these scandals and crises driven down the president's approval ratings overall, they have also gone a long way to i think make voters reconsider the world view that democrats espouse which is, big governmenttcan do big things well for people. and as we've seen the federal government in action the last

year or two, a lot of people who are maybe wanting to believe that to be true are sitting back and saying maybe not. maybe suite look again at smaller, limited government. gerri: doug, you get in on this conversation. doug? >> i think guy has this exactly right and one of the hidden benefits has been rise of popularity of republicans among women. women don't like feeling insecure. there is a lot of mainstream media, were women are suddenly more supportive of republicans. the national security angle. the security of them and their families. we're seeing that play out recently in the polls. gerri: i want to get back to financial security and insecurity which is what i think a lot of americaas are feeling right now. the unemployment looks better, yes but what about underemploymenn? john, to you, when you look into the numbers, when you twelve into what is going on -- twelve into delve into them, the numbers are quite frightening.

45% of recent college graduates, 2012 and 2013, are grossly underemployed. they went to college, they were expecting to have a proprofessional career -- professional career type job. instead they are employed at starbucks or the local mall. that is pretty sad. that could influence voting today. gerri: guy, we look at unemployment rates for young adults. we're looking at them right here, astonishing, 11.4% for folks between 20 and 24. how are these people going to vote? >> they're not, i think is the point. what democrats need big turnout among young people. i'm not being flippant. everyone was talking about last week for millenials, people in my generation, those who are minority in that age demographic are far more willing to look at republicans this cycle than they were in the last couple cycles. so that is part of the good news for the gop. the other good news for the gop,

bad news for democrats is enthusiasm in that turnout among young people they count on is i think missing in action this cycle. we're seeing that playing out in some of the early voting totals across the country. gerri: so, doug, to you. you look at this all the time. millenials not wanting to play -- there is also impact from obamacare as well. here are people who thought they were going to get this great big deal in obamacare. not really. what happened? >> well, i think it is two factors. one which has come up before, the world view was we want big things and the government can deliver big things. they watch the government try to deliver something and they're really shaken in their involved view. the second is, they are directly paying the price for obamacare. they are the ones facing the higher premiums. they have a mandate. this is a crowd that likes its freedom as much as any generation of americans. they don't like the fact they are forred to buy a product they costs more than they want to spend and can't be delivered a

effectively. it is not helping a bit. gerri: john, we're getting results in now. we're considering what emerging themes are going to be. do you think economic insecurity might be one of them. >> i think that will be a major theme. more importantly i think there is a loss of hope in the future, this loss of confidence, that things will get better,,that may have a major impact. gerri: we'll be counting all the ballots and reporting them as they happen. doug, guy, john, thanks for coming on the show. great to see each much you and thanks for your participation. gerri: more of our election coverage coming up after the break. .." .." ok, why's that? no hidn fees

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gerri: we'll get back to the elections in just a moment but first, listen to this surprise, surprise. airlines are cashing in on all those skyrocketing fees they -@have been charging you.

according to a new report, airlines are estimated to make a record $50 this year in additional fees alone. here with more, and tips how to avoid the fees, courtney scott, senior editor for travelocity.com. welcome to the show. great to have you back again, courtney. i looked at this inccease, 17%. who gets a 17% increase? this seems like a rapid rise. >> this is a large increase compared to what happened last year, given that more travelers are getting out there to travel and there are more types of fees than ever. >> coming up with new fees? >> right. baggage fees kicked off in 2008. now we're seeing fees for food on board, reservation fees, priority boarding fees. there are really so many -- gerri: upgrade that seat, on and on it goes. so the average for an average traveler is $15s in extra fees this year..3 that is not nothing. you have great ideas how to reduce the costs. >> just because they're out there doesn't mean we all should

pay for them. first of all it is really important, checking your bag, that is $25 right off the top for the first bag on most airlines domestically. internationally a different story. gerri: not all of them. >> carry-on baggage at all costs. quite easy to pack for an average vacation with carry-on bag with a little practice. gerri: one of the things you say makes a lot of sense. you want to build loyaltity wit% an airline to get perks and rewards. >> frequent flyers have a lost they avoid many fees that others are faced with. first of all, priority boarding. you get a priority boarding with frequent flyer. you have access to preferred seating which is up to $990 for average traveler -- $99. gerri: what really rankles me, what they charge for food on the flights. six bucks on the candy bar. >> retail vaaue, $2, $3. behoove you to hit local grocer before getting to airport.

get snacks. gerri: not reservation by telephone. that is disaster. that costs you money. how much? >> average of $10 and on up. that is additional costs all the fees will combine to get you $15. gerri: the worst fee of all is changing your ticket. >> northern refundable tickets especially. before you hit the book ticket button, know your plans in advance. you will pay $150 and up for a change fee. plus the cost of the difference in the fare. so that's a ig one. gerri: courtney, thanks for coming on tonight. >> great to see you too. gerri: good information. coming up next, peter barnes joins us with a list of some other issues today's vote could impact. how will your 401(k) react if a new republican controlled congresses over in january? we're looking out for you and your money coming up. ♪ are you happy about the economy right now? >> no. i mean, overall i think it has

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gerri: and an impprtant 401(k) alert for you now. investors are running for the exit signs at pimco. pulling $27.5 billion from its flagship total return fund in october alone. morning star says this is the largest one month withdrawal in mutual fund istory. most of the outflows happened in the firss five days of october. bill gross, pimco's former investment officer left the company a week earlier. the world's biggest bond mutual fund has a 70 billion in assets down from a peak of 293 billion in 2013.

and of course we'll continue to coverrpimco. many of you have investments with pimco. you want to know what's going on with the mutual fund company. moving back to elections, the first polls close in an hour and a half. we will learn who will control the senate in 2013. if the g.o.p. succeeds, what can we expect? all right. peter, what, for example, would a republican senate mean for obamacare. >> it's unlikely that the republicans in charge of the senate would get obamacare repealed altogether because you really will need 60 votes to do pretty much anything in the senate and nobody is projecting a 60 vote majority for the senate republicans. however, you could see some movement, potentially some comprise with the president and senate republicans on this issue of repealing some of the mandates like the individual mandate. they might talk about doing that. senate republicans will

bring these kind of measures to the floor. but what might they be able to get a deal with president obama on? maybe tweaking the mandate and repealing the medical tax. it's a tax on your grandma's new hip and your grandpa's new knee. gerri: so interesting. once you start unraveling that, the foundation for the law kind of disappears because some of that is bankrolling the law. there's a lot of moving parts. >> the finds and penalties really accelerate in the out years and are very punitive. there could bb political backlash from voters on that specifically. gerri: so what other policy changes might we see with a republican senate? >> that they might be able to cut deals on let's include perhaps something on the key stone pipeline for you. it's been six years. the president has been

@olding off on this long process with the state department for approval. the senate republicans, the house republicans have pushed that. senate republicans could push that. who knows, maybe the president will cut a deal on that. issue of exportinghis natural gas. this is not just an issue for us manufacturers, it's a geopolitical issue because europe and the ukraine are being held hostage right now becauue they get all their natural gas from russia from a foreign policy perspective. exporting our natural gas to help them could be good for our natural security. there could be some movement on patent reform and finally definitely trade agreements. the president has been getting push-back from his own party on new free trade agreements. he's trying to negotiate with asia and with europe, but republicans support that. that's an area that both the white house and republicans have talked about for common ground.

gerri: i want to ask you tax reform. >> i'm in the camp that tax reform doesn't happen until one party controls the white house and both chambers of congress. it's easy to talk about, very hard to do. last time we did it was under president reagan. it took years to get there. it's a heavy lift, and i don't think it's possible in the next couple years. gerri: so great to have you, peter. thank you so much. and be sure to tune into fox business all night long as peter joins neil cavuto for our continued and complete coverage of election 2014. it goes on all night. any time you can tune in. keep it on in the background. we're drilling down into what these midterms ean going forward. tim carney, senior political columnist for the washington examiner and a visiting scholar and jonathan, founding member of the capitalist pig hhad fund.

jonathan, i'll start with yyu. i think what's so interesting about what's going on tonight is there a real reaction out there to what obama policiis have done. not just to the economy, but to companies and to our 401(k)s. what do you think the most important issue is here? >> well, you're talking about the continued prosperity of the us economy, it would be regulation. regulation is really a tax not just on producers, but it's on innovation itself. that's something that unfortunately not only the president has the strengthen do you agree his term, but also the republicans. you talked to peter barns who talked about the republicans unlikely to put forth abandoning obamacare. repealing unfortunately it's just two levels of types of control on the economy. the republicans want less control, but they still wwnt control. gerri: tim, i want to move you on what will happen tonight. a lot of expectations that the republicans will take the senate. what are the chances in your view that that will

happen and how long will it take for us to know the answer to the question. >> these questions are probability questions. so it's definitely more likely than not that the republicans will take it. even stronger than that, i would be surprised if republicans do not get up to 50 seats tonight with two going to runoff. it wouldn't be the most shocking thing. three to one or four to one in favor of republicans taking it. again, two these seats, you've got louisiana and georgia, if the republican doesn't get 50 percent, and in the louisiana the republican most certainly won't, we''l have a runoff in december or january. there's a decent chance that the majority will be determined not tonight, but in december or january. gerri: you know, jonathan the markets looking at it closely. are they looking for a resolution or do they really like political gridlock. >> they do, gerri. that's the irony. the stock market has

been doing quite well. not too far off the all-time high. in fact, the results when government is gridlocked tend to be two times that when it's not gridlocked. my theory it's surprising. the market lights when the government does less. less regulltion, less taxes and lets the free market reign. gerri: the markets may like gridlock, but people are over it. the voters want to see people get stuff done in washington. they have a short temper for the kinds of gridlock we've seen in the past. how is that impacting what ii happening tonighh? >> what you see people in general adopt congress to work together and pass something. when you get specific things on the table, there isn't agreement. people disagree. (?) when we have the death fights, there is all this cry. r are our taxes too low? should we cut this?

increase that? there isn't agreement. this general idea that people should get along doesn't have a real manifestation, instead people, are sick with washington. that's manifesting itself in part with people throwing out one or two or three or four or five incumbent democrats and one or two incumbent republicans. gerri: all right. we'll take a break here. more of our conversation with jonathan and tim. a look at what this election could mean going forward. here's your consumer gauge with the numbers that matttr most to you. take a look. looking pretty good here. we''l be right back.

gerri: we're back with our special election coverage and what these midterms mean for you going forward. tim carney the washington examiner and jonathan honey are back for round two. ding ding ding. i want to bring back what we use as our

consumer screen every night. take a look at these numbers. they're all super-duper positive. stock market is up 9 percent. home prices up. the price of a gallon of gas is under three bucks. and even mortgage rates are low. it's kind of like this perfect storm of wonderful numbers for consumers, and yet, tim, i don't think the average american who is going to the poll feels wealthy or excited about the economy. why the disconnect. >> i think you're right. half of americans think that the next generation will be worse off than the current generation. so one way of looking at it is they feel we've been through a bubble recently. we've been through stock market bubbles and housing bubbles. we're sort of there holding on tight, waiting for it to crash. people feel like they can't increase their standard of living. they can't buy a new

car. they have to sock away every dollar for when things fall apart. gerri: we're seeing that in the federal reserve numbers as weel. >> it's not that they think it's a bubble. they know it's a bubble. they know the rises are built on government intervention. easy money policy. unlike 2000 technology bubble where there was a positive american sense of life when people believed in the country, believed in the future, now we know the government i is behind there pulling the strings. people have want been playing this market, how can they trust a game that is rigged from the government. gerri: we get emails like that all the time, jonathan. 61 percent of voters tonight not hopeful about the direction of the country. fox news poll. well over half. tim, that's stunning to me. is that stunning to you? >> no, i don't think it

is stunning. having gone through this -- having gone through the past bubbles and seeing the place we are, the question is: remember george bush how the economy was recovering and people didn't feel it, kind of the same thing is happening here. obama could say the gaa prices are low. that's what you wanted. unemployment is falling. yet you're still going to punish me for it. i can see democrats sort of banging their heads against the wall and say, what other economy would you want thhn this one? gerri: this can't go on forever. what would change that sentiment? >> what needs to happen..% i'm moore market analysis. from my perspective, a lot of individuals don't feel as if there's a lot of distinction between the two parties. one is slightly less capitalist than the other. what will be positive will be givvn an alternative.

not a watered doww version of one party being the other. gerri: let's pitch forward. let's say the republicans are right. they take the senate. now, the g.o.p. owns congress. tim, what happens? >> well, president obama could veto anything that comes out of congress. as peter was saying, there might be a 60 vote threshold as for most things passing out of the senate. what you need to find if something were the senate democrats were blocking what could have been an agreement between the white house and the republicans. trade is one. i think tax reform is possible. i'm not bullish on it, but if you look at it, obama sees the complexity in the tax code as being something that's negative and a lot of his economists do and republicans have been talking about and you have some republlcans who have been hopeful and working on it. that's one place where you could have two parties working together and you get a step closer to some sort of solution. gerri: jonathan, it seems to me

that the markets have baked in a republican win for the senate. what's the outlook for stocks with a republican congress? >> well, the outlook remains strong. the trend being your friend. the stock market's trend will be up and it will remain up. and we talked about there is gridlock, strangely positive for stocks. again, anything that will free up the economy. even going back to jimmy carter who actually deregulated -- any area of deregulation the markets will do well. not because of intervention, but because of innovation. gerri: i agree. tim, last word of deregulation. we keep looking for it, but it seems the government is incompetent at this point. it's such a big issue in this election. can there be real change made to the federal bureaucracy? >> one of the problems ais that republicans look to business and half the time, and if

you look to the chamber of congress, they're good on deregulation. the big businesses like the regulation because they act as a mote that keeps out competition. republicans have to stop listening to those businesses that are seeking protective regulation. gerri: jonathan. >> bsolutely agree. regulation behooves more than anyone else the monopolies, the major monopolies take by government not by the free market. tim hits the nail on the head. gerri: thanks for coming on. great jobs, guys. aapreciate your time. >> thank you. gerri: and still to come my "2 cents more." one of the other issues facing voters. ttxes what a republican senate would mean for your bottom line coming up next. >> what's your ig issue? >> health care. i'm a nurse so health care is very important. >> what needs to be done? >> a lot needs to be done. >> i think a lot needs to be done. i like obamacare's

overall health care, but i think a lot of things need to be done. >> what kind of things. >> it's not ready to bee% imcomplete mended yet.

>> they want to tax millionaires an additional 3 percent to support education. it all sounds so nice. it's all going to go to public schools, but 3 percent. that sounds onerous. they already have a state income tax. >> they do. they have a flat rate state income tax as does massachusetts and the spenders keep coming back and saying, let's do a graduated or progressive tax and they haven't been able to do that. the legislature wouldn't do that recently. this is an advisory measure. maddock was a big tax and spend politician. he wants to give his state legislature coverage. they see voters voted for this advisory measure and then we can vote for it. if the republicans win the governorship there then illinois is safe from the tax increase. if the governorris elected they

may move it one way or the other. they want to raise taxes, the democrats in illinois? gerri: and quickly, nevada also has an education initiative on. >> it's not an education initiative. it's a tax increase. it's pretending to have something to do with education. it's a margins tax. a 2 percent tax on sales. gerri: for corporations. right? >> yes. the labor unions put it on the ballot. to tax corporations. they're hoping to get a lot more money. hopefully it will be voted down, but that's an unfortunate tax increase on the ballot. one of my favorites on this is: wisconsin votes tonight, today, saying that all of the money from the gas tax has to go to roads. in the last 12 years before governor walker was elected who is up for reelection today, $1.4 billion was taken out of the gas tax money

that was supposed to go to roads and put somewhere else. then the politicians would come back, oh, we don't have any money. we have to raise the gas tax. this would stop them from embezzling money and use that as an excuse for a tax increase. gerri: they're sneaking them in the midterms. tax increases, grover, thanks for coming on the show. great to see you. we'll be right back with my "2 cents ore." stay with us.

gerri: and finally, you know, lo low and the stock market is on its air. unemployment rate has improved, but that doesn't mean you're feeling secure. and by that, i mean, financially secure. if you work, more of you would be investing in the stock market. more of you would be spending money at the mall and on vacations. truth is, this economy does not feel robust. we need real growth. that's what will make a

difference to american families. and that's my "2 cents more." that's it for tonight's willis report. stay with fox business all night long for continued coverage of election 2014. charles: i'm charles payne and you're watching making money. -@this is it. it's election day. we are talking midterms. the economy and your money, a big show today. a lot to dig very deep into. joining me in the studio tonight. rich edson with all the latest. get up here, rich. >> pleasure to be here. charles: election 2014, a big, big deal. tell us in the last 24 hours how things are shaping up. >> republicans need to pick up six seats to win the senate. it's not just the mitt romney states we're lakdz looking at. we're looking at like iowa that president obama wwn. north carolina president obama lost in 2012. won back.