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November 4, 2026
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Politics · National

Cost of Living Tops Ballot as AP Poll Shows 7 in 10 See Wrong Direction

Voters in North Carolina and Florida cite rising taxes and healthcare costs, driving a national mood where economic anxiety outweighs partisan loyalty.

By Javier Cabrera ·

Illustration for: Cost of Living Tops Ballot as AP Poll Shows 7 in 10 See Wrong Direction
Voters cast their ballots on Election Day in a suburban polling place, with a focus on the act of marking a ballot amidst the morning light.

As polls open across the nation on Tuesday, November 3, 2026, the central question for voters is not who they support, but what they can afford. The Associated Press describes the day as a referendum on President Donald Trump's second term, with citizens struggling under high prices and an unpopular war with Iran. This economic strain is the defining feature of the midterm election, shaping the path to control of Congress for the president's final two years.

Data from the AP-NORC poll provides a stark picture of this sentiment. Only 35 percent of U.S. adults approve of Trump's job performance, while just 25 percent approve of his handling of the economy. Most significantly, about seven in 10 Americans say the country is heading in the wrong direction. The majority of those polled blame the president for high prices, a sentiment that has made the economy the top issue for voters in both red and blue districts.

In Raleigh, North Carolina, the abstract numbers of the poll meet the tangible reality of the ballot box. James Moore, a 57-year-old librarian, expressed the frustration felt by many in the state. He noted that he is paying more taxes, more for healthcare, and more for everything. Moore's experience reflects the broader economic anxiety that has made North Carolina a critical battleground. The state is one of six using new congressional maps after mid-decade redistricting, a move that has drawn intense scrutiny from both parties.

Contrasting voices emerge from other parts of the country, highlighting the complexity of the voter mood. In Palm Beach Gardens, Florida, Mark Barker said he has been following Trump the whole time and believes he is doing an awesome job. This divergence illustrates why the AP suggests that one or two seats could tip either chamber. Republicans are bracing for a potential loss in the House, while Democrats are cautiously optimistic about their chances in the Senate.

The impact of tariffs and economic policy is particularly visible in states like Maine, where the AP notes that economic strain has made the race competitive. Senator Susan Collins faces Democratic former state Senate President Troy Jackson in a toss-up contest. Similarly, in Michigan, the retirement of Gary Peters has opened a seat in a state that voted for Trump in 2024 but is now considered competitive due to cost-of-living concerns. These races are being watched closely as indicators of national economic sentiment.

Money is playing a significant role in shaping the outcome, with the 2026 elections likely to be the most expensive in history. Republican committees have outraised and outspent Democratic committees, aided by Trump-affiliated groups and Elon Musk. However, at the candidate level, Democrats have outraised their opponents. An AP analysis of AdImpact data shows that 88.1 percent of Republican general election TV ad spending went to states and districts Trump won in 2024, including more than $850 million in areas where he won by 10 points or more.

The stakes for the Democratic Party are high. If they win even one chamber, investigations and possible impeachment proceedings become likely. House Democratic Leader Hakeem Jeffries would be the first Black speaker if the Democrats take the House, and he has outlined a 100-day agenda focused on the cost of living and oversight. A strong Democratic night would also boost potential 2028 candidates like Gavin Newsom, JB Pritzker, and Pete Buttigieg, while potentially complicating the path for Vice President JD Vance.

Republicans are trying to beat the historical midterm pattern where a president's party almost always loses seats. They have relied on redistricting in states like Florida, Texas, and North Carolina to create favorable maps. However, the AP notes that new districts may not vote as drawn, especially when economic conditions shift. The party is fighting to hold the Senate, where they currently hold 53 seats, while Democrats need a net gain of four seats to achieve a majority.

Election administration is proceeding with heightened attention to detail. A federal judge temporarily barred the Trump administration from carrying out a plan to prevent noncitizen voting, a move that critics say risks disenfranchising eligible voters. The U.S. Postal Service has added hours and staff to ensure mail ballots are counted on time. These administrative steps are crucial as more than 57 million people had already voted as of Monday, surpassing early vote totals from four years ago in many closely watched states.

The outcome of this election will have implications beyond Washington. Reuters reports that Wall Street is watching for more than just control of Congress, with results potentially adding to investor concerns about AI spending and debt ceiling negotiations. The economic mood captured in AP-NORC polling and the personal testimonies of voters in Raleigh and Palm Beach suggest that the cost of living is the primary driver of voter behavior today.

Voters across the country are making their choices in a landscape defined by economic uncertainty. The AP-NORC numbers show a majority believing the nation is on the wrong track, a view that is influencing decisions in battleground districts from Alaska to Texas. The day's outcome will determine who controls the levers of government in a period of high prices and political tension, with the economy remaining the central theme of the debate.

Source: Associated Press, Reuters, Ballotpedia

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