Steele leads; Allen up by 13,000

The Dems will take the House. It's all but official at this point. The only question is whether they have a sizeable majority or not.

The Senate will stay Republican. Allen leads by 13,200 votes with 95.6% of precincts reporting. Steel leads in Maryland by 11,000 votes with 38% reporting. Corker leads Ford by 65,000 votes with 74% reporting. Talent's lead has narrowed to 6% in MO.

What does this portend for the next two years? Chaos and stagnation. Neither side looks to have a dominant hold on Congress, so the one consequence could be a further expansion of executive power. More on that in a second.

--Barry Caro