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Hotline Sort: Romney's Closing Argument

3) We're going to see the air war kick up a few notches in OR-01 with the holiday season behind us and the Jan. 31 special election to replace former Democratic Rep. David Wu looming. Republican Rob Cornilles is going up with an ad today that criticizes his Democratic opponent Suzanne Bonamici, while EMILY's List and Planned Parenthood, are, in turn going after Cornilles in a spot. 2) No endorsement from Iowa Republican Rep. Steve King in the run-up to the caucuses. But it doesn't really matter, argues Hotline Editor-In-Chief Reid Wilson. If anything, it speaks most to what King thinks of Rep. Michele Bachmann's chances. 1) "We're going to win this thing with all our passion and strength and do everything we can to get this campaign on the right track to go across the nation, and to pick up the states and to get the ballots I need and the votes I need to become our nominee" -- that's Mitt Romney speaking in Iowa during the final night of campaigning before today's first-in-the-nation caucuses. Quite a departure from the low expectations his campaign set months ago in the Hawkeye State, and one that speaks volumes about team Romney's confidence heading into tonight. The campaign said that Romney was referring to the nomination rather than Iowa, but read the full quote in context, and judge for yourself. "The Note" has a good roundup of the expectations game being played. Rep. Ron Paul's team is pegging his chances at 50/50 while Newt Gingrich says he doesn't think he's going to win. "We're going to do very well tonight," Santorum said on Tuesday morning. The caucuses kick off at 8 p.m. ET this evening. Stay tuned to NationalJournal.com for continuing coverage.

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