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McConnell: Battle for Senate 'a 50-50 proposition'

Senate Majority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellOn The Money: Unemployment gains lower than expected | Jobs report lights fire under coronavirus relief talks GOP senators back Christian school's push for COVID-19 carve-out Bipartisan governors call on Congress to pass coronavirus relief package MORE (R-Ky.) said on Wednesday that the battle for the Senate is "50-50" with less than a week before Election Day. 

“It's a 50-50 proposition. We have a lot of exposure. This is a huge Republican class. ... There's dogfights all over the country," McConnell said during a campaign stop in Kentucky. 

McConnell has warned for months that he believes Republicans’ face a tough fight to keep their Senate majority as they defend 23 seats on Tuesday compared to 12 for Democrats, including saying in August that it "could go either way."

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But his latest comments come less than a week before Nov. 3, with political handicappers giving Democrats a good shot at winning back the chamber. FiveThirtyEight's deluxe model gives Democrats a 75 percent chance of winning the Senate, with a 51-49 Democratic majority projected as the most likely outcome.

Democratic senators and officials, however, are bracing for a nail-biting finish as they try to win back the majority for the first since 2014. 

Republicans currently have a 53-47 margin in the Senate. If Democrats win the White House, they would need a net gain of only three seats to control the chamber because the vice president could break a 50-50 tie. They would need a net gain of four seats to have a majority outright.

McConnell, meanwhile, is considered the front-runner in his own race for a seventh term in the Senate.

"I'm confident that I'm going to be successful," he said Wednesday. "I've made my case to the people of Kentucky, I think it's a convincing case." 

McConnell added that 2020 is the "most important election," painting Democrats as embracing a "whole new level of radicalism." 

"If you look at the Democratic Party today, you ought to be frightened," McConnell told the crowd. "We're fighting for our way of life."