BREAKING: Kevin McCarthy makes late night speech, predicting House GOP majority

After thanking candidates, campaign staff and volunteers, McCarthy said, “Two years ago when I became leader, Republicans had less than 200 seats in the house. That cycle, we picked up 14 seats when every single person said that would be impossible.”

“If you believe in freedom, hard work and the American dream, these results proved that there is a place for you in the Republican party.”

“Now tonight. We built upon those gains two years ago, and it is clear that we are going to take the House back.”

On Tuesday night McCarthy also easily defeated his Democratic challenger Marisa Wood, securing a ninth term in Congress with 63.3 percent of the vote when the race was called.

McCarthy is expected to become Speaker of the House if Republicans win a majority of the chamber’s seats.

"Now let me tell you, you're out late, but when you wake up tomorrow, we will be in the majority, and Nancy Pelosi will be in the minority," McCarthy declared.

"The American people are ready for a majority that will offer a new direction that will put America back on track," he added. "Republicans are ready to delive. It's a new direction towards an economy that is strong, where you can fill up your tank, feed your family, where your paychecks grow and not shrink, a new direction towards a nation that is safe. Where communities are protected. Law enforcement is respected and criminals are prosecuted a new direction towards the future that's built on freedom. Where children come first and are taught to dream big and a new direction towards a government that is accountable where government works for you instead of against you."

McCarthy concluded, "Republicans will work with anyone who's willing to join us to deliver this new direction that Americans have. But there are no time to waste. Our work begins now. Let's get America back on track."