Presented by: Ted Bornstein, Dennis Cardoza and Scott Klug

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1 Attorney Advertising Prior results do not guarantee a similar outcome Models used are not clients but may be representative of clients 321 N. Clark Street, Suite 2800,Chicago, IL 60654 312.832.4500 2 Presented by: Ted Bornstein, Dennis Cardoza and Scott Klug November 5, 2014 1

Senate Results 3 Ted Bornstein Partner, Washington D.C. office Democratic Gain Democratic Hold Republican Gain Republican Hold Independent Gain Undecided/Runoff No Election May take until November 18 to count all votes Senate Results Continued: Republicans Dominate Competitive Races to Win Senate AK CA AK Senate Seats Gained/Held in the 2014 Midterm Elections OR WA NV ID AZ UT HI MT WY CO NM ND SD NE TX KS OK Runoff election will be held on December 6, 2014 NH NY MA MI RI CT PA NJ IN OH DE WV VA MD KY NC TN SC Analysis Republicans won most of 2014 s competitive Senate races, taking seats in Colorado, Arkansas, Georgia, Iowa, and unexpectedly North Carolina Republicans also won special elections this year in Oklahoma and South Carolina Louisiana will hold a December 6, 2014 runoff election, and Alaska could take until November 18, 2014 to count all remaining ballots, but Republicans have already secured enough seats to control the Senate regardless of these outcomes MN IA MO AR LA WI IL MS AL GA FL VT ME Democrats: 44 Republicans: 52 Independents: 2 Undecided: 2 4 Source: National Journal Research; CNN Election Center; Associated Press; NBC News. 2

2012 Presidential Election Results vs. 2014 Senate Results Republicans Sweep Romney States, Win Iowa and Colorado 5 2012 PresidentialElection Result Obama 2012 Victory ME Romney 2012 Victory 2014 Senate Result IA Undecided CO Republican win Democratic win AK HI Republicans picked up (CO, IA) or held (ME) 3 states in Democratic territory Democrats struggled to hold on to most seats, and did not pick up or hold any seats in Republican territory Source: National Journal Research with Josh Kraushaar. Senate Results Continued 6 Iowa Joni Ernst, Republican Bruce Braley, Democrat 3

Senate Results Continued 7 North Carolina Kay Hagan, Democrat Thom Tillis, Republican Senate Results Continued 8 Arkansas Tom Cotton, Republican Mark Pryor, Democrat 4

Senate Results Continued 9 Louisiana Mary Landrieu, Democrat Bill Cassidy, Republican New Committee Changes 10 Health Care Reform Tax Judicial Nominations (Supreme Court) 5

House of Representatives Results 11 Scott Klug Director, Public Affairs, Washington D.C. and Madison, WI offices Republicans Win Record Majority in 12 House Control of the 114 th House (2015-2017) Democratic Republican Undecided* Democrats: 175 Republicans: 243 Independents: 0 Undecided: 17 Analysis Republicans won a total of at least 243 seats in the House, their largest majority since 1928 An expanded GOP majority in the House means that Speaker Boehner will have an easier time passing legislation in the House without Democratic support, and Republicans will also have an easier time holding on to their majority in future elections * Races not called as of 6am 11/5/2014; includes runoff elections to be held in LA-5 and LA-6 Source: National Journal Research; CNN Election Center; The New York Times. 6

GOP Controls Majority of State Legislatures, Governorships Party Control of State Legislatures and Governorships, 2014 13 AK HI Dem Legislature, Dem Governor Dem Legislature, GOP Governor GOP Legislature, GOP Governor GOP Legislature, Dem Governor N/A* Analysis GOP holds full control of legislature and governorship in 23 states; Dems hold full control in 14 states Only seven of the states with single-party control of legislature have governor from opposite party; four states with Dem legislature and GOP governor, three states with GOP legislature and Dem governor *Nebraska has a unicameral, nonpartisan legislature; D.C. overseen by federal government; Iowa, Kentucky, New Hampshire, New York, and Virginia have divided state legislatures Source: Sean Sullivan, The Republican Party s Big State-Level Advantage, In One Chart, The WashingtonPost, February 4, 2013; Jim Malewitz, MajoritiesDrive Sweeping, Divergent Changes Across States, Stateline, Pew CharitableTrusts, June 10, 2013. New Committee Changes 14 Tax Congressional Investigations Immigration 7

White House 15 Dennis Cardoza Director, Public Affairs, Washington D.C. office White House Continued 16 Health Care Administration Regulatory Agenda 8

Six Key Issues 17 Key Issues Taxes Trade Energy Health Care/Public Health Ebola Transportation Water Thank You 18 Questions? Contact Us: Theodore (Ted) H. Bornstein tbornstein@foley.com or 202.945.6188 Dennis A. Cardoza dcardoza@foley.com or 202.295.4015 Scott L. Klug sklug@foley.com or 608.258.4762 Michelle A. Leeds mleeds@foley.com or 212.338.3493 9