"Fox News Sunday" anchor Chris Wallace said there will be no way for the Trump administration to "spin" the midterm elections as a win if the Democrats take the House.

According to Politico, President Trump and his allies have crafted a "face-saving" plan if Democrats capture a House majority -- "tout Trump as the savior of Republicans in the Senate."

On "Outnumbered" on Monday, Wallace said he has to "laugh a little bit" at the idea of touting Trump as the "savior" if the election ends up being split.

"No, he will have lost the House,” Wallace said. “And there’s no way they’ll be able to spin it as anything other than that.”

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He said Trump has done a good job in the weeks leading up to the election and successfully mobilized the Republican base, and the GOP may actually add to their majority in the Senate.

“But if he loses the House, it’s going to have been a bad night for the president," Wallace said.

Harris Faulkner said that improving their majority in the Senate would be a big win for the Republican Party and Trump, noting the contentious Senate confirmation battle over Supreme Court Justice Brett Kavanaugh.

"If ... Republicans forge new ground and pick up Senate seats, it will be on balance with the House that the president conceded last week Republicans probably wouldn't hold," Faulkner said.

Wallace said that Trump deserves "all the credit" if he's able to pick up several Senate seats, but that would still give the Democrats the ability to filibuster.

"And you can't overstate the importance of a House where Nancy Pelosi ... is the Speaker, Adam Schiff is the chairman of the intelligence committee. That changes a lot," Wallace said.

Watch more from "Outnumbered" above.

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