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We Fired Nancy Pelosi Tonight: CNN Predicts Republican Majority in the House

Breaking: CNN is now predicting the battle for the House of Representatives is over. It will belong to the Republicans in January. We have fired Nancy Pelosi!

Washington (CNN) -- Republicans rode a wave of voter dissatisfaction with the state of the economy to win majority control of the House of Representatives, while Democrats were poised to retain their majority in the Senate in Tuesday's midterm elections.

CNN projected that Republicans would win at least 50 more House seats than they currently hold to wipe out the Democratic majority of the past four years. Republican candidates also were running strong in governors' races, while Democrats held on to some key Senate seats and appeared likely to stay in control of the chamber.