last several minutes, the white house did issue a veto threat, saying that the super committee idea that came out of the republicans earlier today up on capitol hill, the president would veto that legislation. he is not interested in their idea of a super committee at this point, mainly because as you heard the president say earlier today, the republicans have already said any super committee would have to take new revenues off the table. the president said he is not going to do that. white house officials say that is basically a nonstarter at this point. some kind of process but not the republican super committee laid out today. >> tiny progress, if that. thanks, jim acosta. let's go up to the hill right now, where dana bash is standing by. you are getting reaction to what we heard from the president. the speaker just moments ago speaking out himself. so is there some wiggle room here that's going on? am i missing something? >> reporter: if there's wiggle room, it's certainly not being perceived that way. republicans certainly perceived the way the president spoke for