09/06/2014 05:35 pm ET Updated Nov 06, 2014

What Is at Stake in the Midterm Elections

With the 2014 midterm elections less than two months away, it is difficult to open up a political website or listen to kibitzers on radio or cable television without hearing the latest horserace analysis. The question of whether the Republicans win control of the Senate or the Democrats hold on by a narrower margin than their current de facto 55-45 majority is important, but has less bearing on policy over the remaining two years of the Obama administration than might initially seem to be the case.