deal would save the u.s. credit rating. i m gloria borger in for candy crowley. and this is state of the union. we re just an hour away from a vote in the senate on a democratic plan to raise the debt limit, but the real action is between the president and the republican senate leader mitch mcconnell. i spoke with him earlier, and he was optimistic about getting a deal. let me get right to it. can you announce this morning that a plan has been reached, there s a deal? we re very close. we had a very good day yesterday, both the president and the vice president called me, and the president talked to the speaker, as well. and they understand that with a republican majority in the house and a very row bous republican minority in the senate we have to come together. i think we ve made dramatic progress in that direction since april, for example, when the administration, gloria, was asking us to raise the debt creeling with no spending reductions at all, nothing, just a clea
this is a clear way to do it. c.b.o. reversed course. to liz s point i understand the president can veto it. bill clinton vetoed welfare reform twice before he finally got the message. i think the american people will have to do the same thing they have done on things like amnesty for illegals. they re going to have to shout loudly. we want this thing gone. it s killing business, it s killing jobs. the businessmen right now see the insurance premiums go up and insurance agents are saying the increase, not all of it, is due to obama care. get rid of it now. give business a real gift, a real boost in terms of hiring the new employees. push it through, it will destroy the jobs and it will hurt people on healthcare. uma: go on to the situation at the white house, the shake-up, of course. staffing there. we have a new chief of staff. mu names on the economic team for the president. do you think going forward as we look to 2012 that president