Wisconsin voters will head to the polls Tuesday to decide whether to recall Gov. Scott Walker (R) and install Milwaukee Mayor Tom Barrett (D) in his place. 
 
 The recall election has drawn massive amounts of national attention and money — $63.5 million and counting, to be exact. Walker enters Election Day as a slight favorite, with even Democrats acknowledging privately that a Barrett win at this point would be an upset. Of course, upsets happen. 
 
 With the national spotlight so firmly fixed on Tuesday’s election — the Fix believes Tuesday’s vote is the second most important and influential race of 2012 aside from the presidential — the stakes for a number of players on both sides are absolutely massive. 
 
 Below is a breakdown of who will be made — or broken — by what happens Tuesday in the Badger State. 
 
 ●Scott Walker. No one has more to gain or lose than Walker. A defeat at the ballot box would, obviously, be a major setback for a politician widely viewed as a rising star when he was elected in 2010. Coming back from such a high-profile defeat — particularly one that came about 18 months after his initial statewide victory — would be decidedly difficult. If Walker wins, however, he will immediately become a national conservative hero (even more than he already is). He would be cast as the guy who stood on principle, stared down the best that Democrats could throw at him and emerged victorious. Don’t be surprised to hear some Walker 2016 or Walker 2020 presidential chatter if the governor can pull off a victory. 
 
 ●Organized labor. If Walker has the highest stakes in the recall vote, the labor movement is a close second. Walker’s bill stripping public-sector unions of their collective-bargaining rights last year triggered a national outcry from labor, which viewed the Wisconsin law as the first step down a slippery slope of workers’ rights being forfeited. While there’s no doubt that the effort to recall Walker wouldn’t have happened without the energy and organization of the labor movement, unions also largely backed Barrett’s primary opponent — a move that some Democrats believe cost them precious time and money to make the case against the incumbent. If Walker survives on the heels of labor’s defeat in the 2011 recall effort to take over the Wisconsin Senate (it came up a seat short) and a failed attempt to unseat then-Sen. Blanche Lincoln (D-Ark.) in a 2010 primary, there will be lots — and lots — of questions asked about whether unions retain the political power they once did. 
 
 ●President Obama. The Democratic National Committee and the White House have gone out of their way to make clear just how much financial and organizational support they have lent to Barrett’s effort. (DNC officials say more than $1.4­ million has been directed to Wisconsin in the 2012 cycle so far.) They touted the fact that DNC Chairman Debbie Wasserman Schultz traveled to the state last month to aid Barrett and that former president Bill Clinton stumped with the Democratic nominee last week. But some in Wisconsin — and Washington — are unhappy that the president himself decided not to campaign in the Badger State. (One party strategist noted that Obama had time to endorse in a House primary in New Jersey late last week but not to come to Wisconsin.) If Walker wins, not only will Obama get blamed for not doing more — which is always a difficult debate to referee — but there also will be plenty written about how the recall results bode poorly for Obama’s chances in Wisconsin in the fall. 
 
 ●Tom Barrett. Barrett is the forgotten man in all of this, but he’s got a lot on the line, too. A former member of Congress, Barrett is now in his third run for governor (he lost in the Democratic primary in 2002 and then to Walker in 2010). A trifecta of gubernatorial defeats would amount to the end (or darn close) of Barrett’s statewide ambitions. 
 
 ●Bill Clinton. The recall election is nothing but upside for the former president. If Barrett wins, the after-action analysis will almost certainly focus on Bubba’s last-minute campaigning for the party’s nominee. If Barrett loses, no one will blame Clinton — concluding that he did the best he could but not even his popularity could drag the Democrat across the line. Wisconsin is just another reminder that in politics, it’s much easier to be a former president than a current one. ||||| Story highlights Gov. Scott Walker beats challenger Tom Barrett by a 53%-46% margin 
 
 Walker's margin of victory larger than 2010 race in which he also faced Barrett 
 
 Democrats spurred the recall effort over Walker's efforts to weaken public unions 
 
 Tens of millions of dollars have poured in from outside the state, mostly for Walker 
 
 In a vote that could have implications on both the November presidential race and for organized labor, Wisconsin Gov. Scott Walker on Tuesday successfully overcame a recall vote that would have removed him from office. 
 
 With almost all of the votes in, Walker , a Republican hero for pushing austerity measures that stripped collective bargaining rights from most public unions, led Milwaukee Mayor Tom Barrett by a 53-46 margin. 
 
 Tuesday's vote was the culmination of a 15-month near-civil war that pitted unions and Democratic supporters against fiscal conservatives and Republicans after Walker signed a bill in March 2011 passed by the Republican-controlled legislature that took collective bargaining rights away from public employee unions in a effort to close the state's budget gap. 
 
 Tens of thousands of demonstrators opposing Walker crowded the grounds around the state capitol and hung banners of protest in its rotunda after Walker signed the bill and kicked off a recall drive that gathered 900,000 signatures -- nearly 400,000 more than required. 
 
 During a bitter fight over the law last year, Democratic legislators left the capital to prevent a quorum. 
 
 JUST WATCHED Union members upset over Walker victory Replay More Videos ... MUST WATCH Union members upset over Walker victory 01:41 
 
 JUST WATCHED Walker: 'Time to move Wisconsin forward' Replay More Videos ... MUST WATCH Walker: 'Time to move Wisconsin forward' 02:29 
 
 JUST WATCHED Politician slapped in the face Replay More Videos ... MUST WATCH Politician slapped in the face 00:46 
 
 In declaring victory on Tuesday, Walker said the outcome validated his hard line on cost-cutting. 
 
 "Tonight, we tell Wisconsin, we tell our country and we tell people all across the globe that voters really do want leaders who stand up and make the tough decisions," he told a roaring crowd at his campaign headquarters in Waukesha. 
 
 He also addressed the polarized climate in the normally centrist state -- his crowd jeered when he mentioned that he had a phone conversation with Barrett before taking the stage. 
 
 "Bringing our state together will take some time -- there's just no doubt about it," he said. 
 
 But he offered a first step by inviting members of the legislature over for bratwursts and burgers, "and then maybe a little bit of good Wisconsin beer, as well." 
 
 In conceding, Barrett also drew catcalls when he mentioned the call with Walker. And he said it was important that he and the governor work together. 
 
 But he urged his supporters to fight on' 
 
 "This is not an end," he said. "Tonight ends another chapter in Wisconsin history but there's more to come." 
 
 Unions pointed to Walker supporters' outspending his opponents by a more than 7-1 margin, 70% of it from outside the state. 
 
 "Adding to this gargantuan challenge of recalling only the third governor in American history was the flood of secret corporate cash distorting our democracy -- a dangerous example of a post-Citizens United America," AFL-CIO president Richard Trumka said in a statement after the vote, referring to the Supreme Court decision that allowed unlimited political contributions from corporations and unions. 
 
 Both parties cast the debate as a larger referendum on the role of government and policies supported by both parties. 
 
 While political pundits framed the race as a test run for the presidential election, fiscal conservatives were looking for momentum in a growing movement to curb what they see as public employee unions getting larded with benefits from politicians that they helped elect. 
 
 "(Walker's) one of the Republican governors who has been out on the point on this issue about whether there are excesses in public employee unions in terms of their pension plans or health care plans and so forth," CNN political analyst David Gergen said. "This is a very, very hot issue from New York to California and from New Jersey to Indiana to Ohio to Wisconsin. 
 
 "And this election tonight was well-regarded long before by both sides as the second most important election of the year. And here Scott Walker, I must say, to a surprise, given a year ago, it looked like he was going to lose this, tonight, to win is a substantial defeat for labor, for public employee unions, and a substantial defeat -- a substantial victory for those who have been trying to curb them." 
 
 Public opinion polls leading up to the vote had shown Walker holding a narrowing lead and early exit polls suggested the race would be tight, with 34% of those responding identifying themselves as Democrats, 35% saying they're Republicans and 31% saying they're independents. 
 
 A state official said on condition of not being identified that turnout appeared to be strong, with reports of some polling places running out of forms for same-day voter registration. 
 
 The race was a rematch of the 2010 governor's contest, won by Walker with only 52% of the vote. 
 
 But this time, the stakes were higher. 
 
 JUST WATCHED Obama skipping Wisconsin recall vote? Replay More Videos ... MUST WATCH Obama skipping Wisconsin recall vote? 01:27 
 
 JUST WATCHED Wisconsin recall: Dry run for November Replay More Videos ... MUST WATCH Wisconsin recall: Dry run for November 04:23 
 
 The first-term governor's win could give Republicans a major boost in efforts to make Wisconsin a battleground state in the November presidential election. It now has a strong ground operation in a state that has been remained blue since 1988. 
 
 But exit polls indicate that the vote Tuesday wasn't the presidential litmus test that many pundits suggested. 
 
 While Barrett went down to defeat, those responding to exit polls favored President Barack Obama over GOP presumptive presidential nominee Mitt Romney by a 51-44 margin. And Obama got higher marks than Romney on handling the economy by a slim margin and on helping the middle class by a wider margin. 
 
 Obama easily won the state in 2008, but Walker's unyielding commitment to fiscal austerity in the face of chaotic protests last year made him the poster child for tea party conservatism. 
 
 Walker would have been only the third governor in U.S. history ousted by a recall election. 
 
 Along with the gubernatorial recall, Lt. Gov. Rebecca Kleefisch also won her recall election. 
 
 Four Republican senators also faced recall votes Tuesday but results were not yet available. A loss of any of those four races would have tipped control of the Senate to Democrats, but with the legislature out of session until after the general election, a Democratic win would have provided mostly a moral victory. 
 
 A former Republican state senator ousted in a Wisconsin recall vote last year said Tuesday that the political wound he suffered was worth it because of the fiscal austerity achieved. 
 
 "I lost my job standing for something, and I was standing for the people, fiscal responsibility and the future of this country and the state and its residents," Dan Kapanke said, adding that "the times dictate tough decisions, and we want our elected officials to do the right thing and worry about the future and not just about the next election." 
 
 Walker complains that repeated recall efforts over past years are stalling progress and costing the state needed money. 
 
 Earlier Tuesday, Barrett said he agrees that voters are tired of recall politics, but he blamed Walker for creating a divisive political environment that inspired the effort to oust him. 
 
 "What Gov. Walker doesn't say is he was the one who, these are his words, dropped the bomb and attempted to divide and conquer. So he set out on a strategy to divide this state. He succeeded in dividing the state," Barrett said, adding that the proper course now is to "get rid of the instigator rather than to allow him to continue because I think this state will remain this bitterly divided if he continues in office." 
 
 About $64 million has been spent on the race since November, an analysis from the Center for Public Integrity found. That's a state record, shattering the record of $37.4 million spent during the 2010 governor's race. 
 
 Walker collected $30.5 million to Barrett's $4 million. Roughly two-thirds of Walker's contributions came from out of state, the Center for Public Integrity reported, while only a quarter of Barrett's funds originated from outside Wisconsin. 
 
 Barrett said Tuesday that such outside influence is a change for Wisconsin. 
 
 "What's happened is, Scott Walker has become the rock star of the far right and has been able to raise literally millions of dollars from out-of-state contributors," Barrett said. 
 
 During a bitter fight over the law last year, Democratic legislators left the capital to prevent a quorum, and tens of thousands of protesters converged on the State Capitol building in what became an occupation. 
 
 After the law was signed, Democrats immediately began a recall effort that led to Tuesday's vote. 
 
 Walker has defended his budget actions as necessary for the fiscal health of his state and described his campaign as one of a strong leader who is making the necessary "tough decisions." 
 
 The campaign has been fierce, with campaigners complaining of keyed cars, verbal harassment and a general lack of tolerance for differing opinions. 
 
 "We have an example of Hatfields and McCoys going on in this state like we have never seen," said Brian Nemoir, a Milwaukee-based Republican strategist. "People are hyper-engaged, as much in support for their own candidate as in disgust for the opponent." 
 
 Handmade signs were nearly as prevalent as official ones. Some locals say they have resorted to lowering their voices in public when discussing the recall to avoid setting off arguments with strangers. 
 
 The Justice Department on Monday dispatched federal observers to monitor Milwaukee polling places Tuesday to ensure that no voter discrimination took place. 
 
 A litany of Republican stars have campaigned for Walker, including fellow governors Chris Christie of New Jersey, Nikki Haley of South Carolina, Bobby Jindal of Louisiana and Bob McDonnell of Virginia, as well as U.S. Sen. Marco Rubio from Florida. 
 
 While Romney didn't campaign for Walker in Wisconsin, he quickly congratulated the governor after his victory. 
 
 "Governor Walker has demonstrated over the past year what sound fiscal policies can do to turn an economy around, and I believe that in November voters across the country will demonstrate that they want the same in Washington, D.C.," Romney said in a statement. 
 
 Americans for Prosperity, a conservative advocacy group built around many of the same principles as the tea party, has pumped more than $10 million into Wisconsin backing Walker's policies. 
 
 Barrett, meanwhile, got his own high-powered support from former President Clinton, as well as Democratic National Committee Chairwoman Debbie Wasserman Schultz and Maryland Gov. Martin O'Malley. 
 
 However, his campaign fund-raising has badly trailed the support Walker received. The Progressive Change Campaign Committee announced Saturday that it was spending $100,000 in the five days before the Wisconsin recall vote, bringing its investment to $300,000. 
 
 Obama never came to Wisconsin to campaign for Barrett, which Republicans surmised was because the president believes Barrett will lose. 
 
 On Sunday, Barrett said on CNN's "State of the Union" that his campaign never asked Obama to appear on his behalf, adding that "we understand he's got a lot going on." 
 
 White House Press Secretary Jay Carney acknowledged the uniqueness of the contest while stressing there's no doubt where the president stood. 
 
 "The president's made clear all along his opposition to those who would take away workers rights -- to actions that would take away or diminish worker's rights," Carney said. "And he's also made clear his support for Tom Barrett." 
 
 Four Republican senators also faced recall votes Tuesday but results were not yet available. A loss of any of those four races would have tipped control of the Senate to Democrats, but with the legislature out of session until after the general election, a Democratic win would have provided mostly a moral victory. ||||| (CBS News) First-term Republican Gov. Scott Walker has survived the Wisconsin recall election, beating back a labor-backed effort to unseat him and again handing defeat to his Democratic challenger, 58-year-old Milwaukee Mayor Tom Barrett. 
 
 
 
 With 94 percent of the expected vote in, Walker led Barrett 54 percent to 45 percent. Barrett conceded the race late Tuesday night, saying that while "the state remains divided," he hopes all sides will remain engaged to serve the interests of Wisconsin families. 
 
 
 
 The 44-year-old Walker -- the first governor in U.S. history to survive a recall election -- thanked cheering supporters late Tuesday. 
 
 
 
 "Tonight we tell Wisconsin, we tell our country, and we tell people all across the globe that voters really do want leaders who stand up and make the tough decisions," he said, adding, "the election is over, it's time to move Wisconsin forward." 
 
 
 
 Walker said that while "bringing our state together will take some time, no doubt about it," he believes "there is more that unites us than divides us." The Wisconsin governor said he planed to hold a meeting with the entire state legislature next week. 
 
 
 
 The recall fight, prompted by Walker's decision to strip Wisconsin public workers of their collective bargaining rights, has doubled as a proxy fight over whether Republicans can push through spending cuts and confront organized labor - and live to tell about it. 
 
 "Governor Walker has demonstrated over the past year what sound fiscal policies can do to turn an economy around, and I believe that in November voters across the country will demonstrate that they want the same in Washington, D.C.," presumptive Republican presidential nominee Mitt Romney said. "Tonight's results will echo beyond the borders of Wisconsin." The Romney campaign said the former Massachusetts governor called Walker to congratulate him Tuesday evening. 
 
 
 
 Can Romney capitalize on Scott Walker's win? 
 
 How Scott Walker won the Wisconsin recall election 
 
 According to the Center for Public Integrity, candidates and outside groups spent in excess of $63 million on the recall election - an enormous figure that easily breaks the previous record of $37.4 million (set in the 2010 gubernatorial contest) for spending in a Wisconsin election. According to the New York Times, Walker and his Republican allies spent $45.6 million on the race as of May 21, while Barrett and his allies have spent $17.9 million. 
 
 Turnout had been expected to exceed the 2010 election total, with an estimated 2.8 million people expected to cast ballots. Reports emerged from Wisconsin Tuesday of robocalls informing voters, falsely, they don't have to vote if they signed the recall petition, among other attempts to depress turnout among Barrett voters using false information. The Walker campaign said in response to the reports that "any accusation that our campaign is making those calls is categorically false and unfounded." 
 
 CBS News exit polls found that 52 percent of voters in Wisconsin approve of how Walker has handled the issue of collective bargaining, and 54 percent approve of how he has handled job creation. Fifty-two percent said they approved of the recent changes to state law that limits collective bargaining for government workers, while 47 percent disapproved of these changes. 
 
 Fifty-one percent of Wisconsin voters in the early exit polls said they have a favorable view of unions for government workers -- a group that largely backed the recall -- while 45 percent have an unfavorable opinion of these unions. 
 
 The exit polls showed Barrett winning handily among union households, while Walker dominated among Tea Party voters. Walker also won by 9 points among independents. The polls showed Walker winning with men and those making more than $50,000, and Barrett winning among women and those making less than $50,000 per year. 
 
 Walker dominated Barrett in the money race this time around thanks in large part to donors from outside the state. As of campaign filings released on May 29, Walker had raised $30.5 million, with about two-thirds of that total coming from donors outside Wisconsin. Barrett had raised roughly $4 million, with about one-fourth coming from outside the state. Part of the disparity can be explained by the fact that Walker, as a sitting governor facing recall, is not subject to the state's legal limits on campaign contributions under Wisconsin law. Barrett, by contrast, was legally barred from accepting contributions in excess of $10,000 per person. 
 
 The rest of the spending in the race has been from outside ideological groups. The Tea Party-linked group Americans for Prosperity alone told CBS News it has spent $10 million on the race since January 2011 on what it says is education over the positive impact of Walker's budget reform efforts. 
 
 
 
 The effort to recall Walker effectively began last February. That's when the newly-elected governor, who had defeated Barrett in the 2010 election, released a budget plan that proposed elimination of most public employee bargaining rights. 
 
 Walker had suggested during his 2010 campaign that he would close the state's $3.6 billion budget shortfall in part through cuts to public employee pensions, but he said nothing about eliminating collective bargaining rights. His announcement galvanized many on the left, who began chanting "Recall Walker" at the Wisconsin statehouse as part of massive protests against the plan. Wisconsin Senate Democrats even temporarily fled the state in an ultimately futile effort to keep Walker's plan from being passed. 
 
 In January, Walker's opponents submitted more than 900,000 valid signatures to the state to trigger the recall election, far more than the 540,208 needed to do so. Barrett won the Democratic primary last month, beating organized labor's preferred candidate, and went on to promise to "end this civil war" by defeating Walker. 
 
 
 
 Walker defeated Barrett by nearly six points in the 2010 Wisconsin gubernatorial race. 
 
 
 
 Sixty percent of Wisconsin voters said in CBS News exit polls that recall elections are only appropriate for official misconduct. Twenty-seven percent said they think they are suitable for any reason, while 10 percent think they are never appropriate. 
 
 President Obama expressed support for Barrett but did not campaign in person for him, prompting grumbling from some Wisconsin Democrats and labor leaders. Among those who did was former President Bill Clinton, who said a Walker victory would prompt Republicans around the nation to conclude: "We're finally going to break every union in America. We're going to break every government in America. We're going to stop worrying about the middle class. We don't give a rip whether poor people will get to work their way into it. We've got our way now. We've got it all. Divide and conquer works." 
 
 Republicans called the race a test of whether they can push through the difficult reforms needed to deal with massive federal, state and local budget deficits. 
 
 "Governor Walker has shown that citizens and taxpayers can fight back - and prevail - against the runaway government costs imposed by labor bosses," Romney said Tuesday evening. "Tonight voters said 'no' to the tired, liberal ideas of yesterday, and 'yes' to fiscal responsibility and a new direction. I look forward to working with Governor Walker to help build a better, brighter future for all Americans." 
 
 Mr. Obama won Wisconsin by 14 points in 2008, but the recall fight has Republicans suggesting it may be within reach for Romney. The exit polls found that Mr. Obama led Romney 51 percent to 44 percent among voters in the recall election. 
 
 
 
 Tripp Wellde, State Director of Mr. Obama's re-election campaign in Wisconsin, pointed to that exit poll finding and said that despite the loss, "The power of Wisconsin's progressive, grassroots tradition was clearly on display throughout the run up to this election and we will continue to work together to ensure a brighter future for Wisconsin's middle class." 
 
 While Republicans held a major advantage on the airwaves thanks to the massive spending by Walker and his backers, Democrats had a big advantage in organization on the ground, thanks in part to a get-out-the-vote effort backed by organized labor. Walker's victory suggests that the newly-legal unlimited spending by super PACs and other outside groups - which was unleashed by a pair of recent Supreme Court decisions, including Citizens United - can overcome the ground game Democrats have steadily built up around the nation in recent years. 
 
 While a loss may well have effectively ended Walker's political career, his victory will elevate him to superstar status among conservatives and likely prompt talk of a future presidential run. It also feeds the notion that the influence of organized labor - which made the governor's defeat a top priority - continues to wane. 
 
 
 
 Also surviving recall elections on Tuesday were the state's Republican lieutenant governor, Rebecca Kleefisch, and three Republican state senators, according to the Associated Press. In a fourth state Senate recall election, Republicans were leading. If Democrats were able to triumph in any of the state senate elections, they would win a majority in the Wisconsin Senate and be able to block Walker's agenda even though he remains in office. 
 
 Sorry, your browser does not support iframes
– Tomorrow, Wisconsinites will decide whether to keep Gov. Scott Walker or boot him in favor of Milwaukee Mayor Tom Barrett, in what Chris Cillizza of the Washington Post is calling "the second most important and influential race of 2012 aside from the presidential," with "absolutely massive" stakes. Here's what you need to know as the clock ticks down: Two polls released yesterday show the race virtually tied—Walker leads in each, but by thin margins. He's up 50-47 in one, 53-47 in the other, but both are within the margin of error, Reuters reports. It's all about turnout now: "If Democrats turn out in the numbers they did in 2008, Tom Barrett will win a surprise victory. If they don't, Walker will survive," the head of Public Policy Polling says. The agency managing the election is predicting turnout somewhere between 60% and 65%—above 2010's 49.7%, but below 2008's 69.2% "If there's any state that epitomizes what the permanent campaign feels like, it's this one," observes David Catanese of Politico. This will be the seventh time Wisconsin has gone to the polls in the last 14 months, thanks to various recalls. All those campaigns are expensive: Through May 21, $110 million had been spent on political ads. President Obama will be closely watching the results, because he's counting on Wisconsin in November, the New York Times points out. "A Republican victory here could set off a wave of adjustments in the lineup of swing states." If Scott Walker wins, Cillizza expects to hear presidential rumblings surrounding him. A lot is on the line for Barrett, too; this would be his third gubernatorial defeat, likely ending his statewide ambitions. Organized labor has a lot to lose, too. A Walker win would be both an affirmation of his anti-union policies, and a signal that unions have lost their political juice; they opposed Barrett in the primary, and lost there, too.