adviser david plouffe. welcome. >> thank you. >> it is overly rosey or that close? h. >> well, we don't have a deal and as chuck todd just reported on there is a legislative clock and default clock so the hours are ticking. what is clear is that there is a deficit reduction on tuesday, and something that the parties agree about $1 trillion of deficit reduction and the second stage is trickier of the entitlement reform and tax reform which the super committee will be appointed to do. and they have top a point members to the committee to drive to yes and get out of the comfort zone. >> let me be clear, what is the president going to accept adds a deal? >> well, first of all, it is clear that the economy is not as strong as any of us would like it to be. this debt ceiling cloud has harmed our economy. why on earth would we want to go through this again in a few short months from fou? >> so it has to be through 2012?