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So $478 billion is broken up to a bunch of bills. are any of them worthwhile? >> andrea: some are. the trade deals they did were worthwhile. things that obama had on his desk for a long time. he came out and announced the jobs bill and put in provisions that republicans could get behind, jobs for veterans, trade deals and as bob said, the payroll cut. this is something i think he will get republican support. tough to vote against it. but how does obama turn this in to a win >> eric: >> bob: he won't turn it in to a win. get tax credits. republicans will go with that. but one thing that is a re...

So $478 billion is broken up to a bunch of bills. are any of them worthwhile? >> andrea: some are. the trade deals they did were worthwhile. things that obama had on his desk for a long time. he came out and announced the jobs bill and put in provisions that republicans could get behind, jobs for veterans, trade deals and as bob said, the payroll cut. this is something i think he will get republican support. tough to vote against it. but how does obama turn this in to a win >> eric: >> bob: he won't turn it in to a win. get tax credits. republicans will go with that. but one thing that is a re...

offer the spending and deficit cuts that republicans thought it would. cnn's chief white house correspondent jessica yellin spends the next 18 seconds giving us the big picture. >> reporter: what's happening now is democrats are waiting. they're just waiting to see what happens with the republican's bill before making their own move in the senate. the big picture here is neither the republican's bill in the house nor the democrats' bill in the senate seems to have the votes to get through both houses of congress. so we're back at stalemate. >> and so it's wednesday and there's no dea...

nfl season after four-month labor lockout between players and owners, well, a key vote could break the stalemate. and we're also learning this. tiger woods fires his long time caddie steve williams and guess what? he speaks out about the abrupt move. we will hear from the caddie in just five minutes. millions of pro football fans are hoping today, well, that it will be the day the nfl's labor lockout will end. players and owners expected to vote on a deal that will hopefully say the 2011 season. david mattingly is live in atlanta where the negotiations are going on. what is the wor...

A political document. it's not what we need for america when we're $17 trillion in debt. >> senator durbin, you have proposed substantial reform of entitlements including social security apart from any grand bargain p p you say we need it because we're going to run out of money. but the president as we pointed out is taking at least one reform in the cost of living adjustment off the table. as another point in this whole question of spending, the white house argues we can spend more now because according to the congressional budget office, deficits are going down. you can see it up on the scre...