September 28, 2026

Michael's Daily Memo

The midterm election concludes 5 weeks from tomorrow. But nearly half of all states will have started early voting by October 6, so it’s wrong to think of the “election” being a month away. Democrats need a net gain of 4 seats in the Senate to take control, and a net gain of only 3 in the House. The latter seems like a foregone conclusion.

Few people read the American electorate as well as Doug Sosnik. He was White House political director and senior adviser to President Bill Clinton. Since then, strategists in both parties have come to watch for his periodic memos on the state of play. He joins me on radio today.

His latest memo, written 40 days before the midterms, argues that something shifted in early September. Sosnik sees the war in Iran as the inflection point. He says the slow Republican slide that followed has now reached a tipping point.

Much of his evidence is about the cost of living. Gas has risen from $2.98 a gallon to $4.48 since the invasion. Diesel is at an all-time high of $6.53. Inflation is outpacing wage growth, mortgage rates are back above 7 percent, and the Fed just raised rates for the first time in three years.

The polling reflects it. Trump's job approval is at 38 percent. Democrats lead the Fox News generic ballot by seven points, and by 15 among voters most interested in the election. In the New York Times poll, 63 percent said going to war with Iran was the wrong decision.

Sosnik isn't cheerleading, though. He warns that the shrinking number of competitive districts, along with a big Republican fundraising advantage, could hold Democratic gains below historical norms. He also cautions against treating the midterm results as a preview of 2028.

Tune in at 10am Eastern on SiriusXM POTUS, Channel 124, for his high-level analysis.

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DAILY POLL

Should stay-at-home parents get the same federal child care aid as parents who use daycare?

TOP STORY

Bill Gates urged the U.S. to lead on global AI regulation, telling NBC's "Meet the Press" that reaching an international framework could prove tougher than Cold War nuclear arms deals, and pushed back on President Trump's opposition to guardrails.

TODAY'S YOUTUBE

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IN OTHER NEWS

A Pennsylvania developer is offering $10,000 to each of the 4,500 households in Hazle Township if officials approve a 1,300-acre data-center project featuring 15 buildings, but many residents are pushing back against the proposal over concerns about its impact on their rural community despite the $45 million financial incentive.

Counter-terrorism police arrested five men on suspicion of preparing a terrorist act after explosives consistent with IEDs were found in three vans heading toward RAF Fairford, a Gloucestershire base in England used by US bombers striking Iran, with investigators examining a possible Iranian link.

U.S. Ambassador to China David Purdue said on Fox News Sunday that President Trump asked Xi Jinping during his three-day U.S. visit whether China would like to buy American weapons, a transaction that would run afoul of the U.S. arms embargo in place since Tiananmen Square in 1989.

A MESSAGE FROM COMCAST

Cook Political Report founder Charlie Cook said Democrats retaking the House in November is a 'done deal' and predicted they could pick up four or five Senate seats, calling a flip of the upper chamber 'very realistic' amid President Trump's sinking approval ratings.

The Protect College Sports Act, poised to pass the Senate on Monday with roughly 70 votes, would grant the NCAA a limited antitrust exemption, raise revenue-sharing caps to $49 million, restore transfer restrictions, and cap power-conference membership at 19 schools.

Sen. John Fetterman sparked laughter at the Texas Tribune Festival after accidentally calling himself a ‘lifelong Republican’ before correcting the flub, while defending his Democratic affiliation and criticizing his party’s stance on Israel.

MORE NEWS

Most Americans will turn their clocks back one hour at 2 a.m. on Sunday, Nov. 1, as the Sunshine Protection Act — passed by the House 308-117 in July and backed by President Donald Trump — remains stuck in a Senate committee with no floor vote scheduled.

The Philadelphia Phillies avoided a historic Wild Card collapse by beating the Rays 7-3 on the season's final day, holding off Arizona to grab the National League's sixth seed and a Wild Card date with the Atlanta Braves.

Taylor Swift won Video of the Year for "The Fate of Ophelia" and the inaugural artist director honors, while Madonna swept multiple categories including Artist of the Year and Lisa took Best Pop at the 2026 MTV Video Music Awards hosted by Snoop Dogg at L.A.'s Peacock Theater.

For the Left

White House Chief of Staff Susie Wiles reflects on her six-month battle with breast cancer while continuing to lead one of the most demanding jobs in Washington, revealing that doctors declared her cancer-free after surgery and treatment.

For the Right

President Donald Trump plans to travel to Ohio and campaign for Senator Jon Husted on October 3 as the Republican faces former Senator Sherrod Brown in a closely watched Senate race that could help determine control of the chamber.

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