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road with him, he s been blasting it as essentially a do nothing congress that can t walk and chew gum. now they re expected to come up with $1.5 trillion in deficit cuts on one hand and pass a $450 billion jobs plan on the other within, say, three months. this is going to be an enormous task for this president to sell it tonight and then more importantly, starting tomorrow when he goes to richmond, virginia to try and sell it to the public, going to be even more of an uphill battle to get this through the republican house and democratic senate when he has a such time window coming up. shep: the sense i get is that there is going to be a sort of overall feeling of who is going to get the blame? if they can t get this through and nothing happens, who gets the blame? i think there are gambles on both sides about who that is. john busy from the wall street journal, the managing editor is with us and we ll talk to him in a moment. let s hear the president.

Deficit cutsChew gum5 trillion1 5 trillion450 billion50 billionDay hah shepJohn mccainWall street journalManaging editor