The Democrats lost three seats in the United States Senate to the Republicans.[2] Democrats won the nationwide popular vote for the House of Representatives by a margin of 8.9 percentage points, but lost fifteen seats to Republicans.[2] The elections represent the most recent instance in which the president's party retained control of both houses of Congress in a midterm election, although the 2002 elections saw Republicans retain the House and win control of the Senate.
Though Republicans gains were relatively modest for a midterm election, the election set the stage for the Reagan Revolution. Many of the newly elected members of Congress were more conservative than their predecessors, and most supported tax cuts that would eventually be implemented in the Economic Recovery Tax Act of 1981. The election also ended the possibility of a ratification of the SALT II treaty with the Soviet Union. Carter's move to the center after this election encouraged a 1980 Democratic primary challenge by Massachusetts Senator Ted Kennedy.[3]