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Fox News, CNN Call House For Republicans

At a little after 9 p.m. (ET), the major news nets were calling the House for Republicans, with CNN predicting a gain of at least 50 seats.

The Republicans' reclaiming of the House had been predicted for several weeks now. The party is predicted to pick up six to eight Senate seats, short of the 10 they needed to relclaim the majority on that side of the chamber.

Ohio Republican Rep. John Boehner (R-Ohio), described as a free-market reformer, will almost certainly become the next Speaker of the House, replacing Nancy Pelosi (D-Calif.).