Both Georgia senators' staggered terms and current positioning underpin the 97% "No" consensus. Jon Ossoff faces voters in November 2026 after winning his Democratic primary unopposed and holding consistent polling leads over Republican nominee Mike Collins, while Raphael Warnock's term runs through January 2029 with no reelection scheduled. Recent primary outcomes, stable polling averages, and absence of resignation signals or major controversies reinforce trader expectations that neither will depart before year-end. Late developments such as a health event, ethics issue, or unexpected general-election reversal for Ossoff remain the primary variables that could still alter the outcome.