Will a Democrat win an absolute majority of the popular vote in the 2024 Presidential Election?
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2025
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Resolves Yes if the Democratic nominee has >50% of all votes cast in the 2024 Presidential Election by the time the new President is inaugurated.

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Is there any semantic difference I am missing here between "win the popular vote" and "win an absolute majority of the popular vote?" Either implies 50%+1 vote?

Third parties, I believe. If libertarians get 15%, Kamala gets 49%, and Trump gets 36%, she's won the popular vote without an absolute majority.