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The polls are now indicating (and have been over the last month) that the Republicans are looking very likely to lose 20 - 30 seats in the House of Representatives and 3 - 7 seats in the Senate. This looks increasingly likely as we move closer to election day regardless of who wins the presidency.

As Obama's numbers have improved over the last month the numbers for the other Democrats seeking national office have improved as well. So it would appear that the improved numbers for Obama might be providing a coat tails type effect.