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Considered seriously by the president. jeff zeleny, i want you to stand by. let's bring in our panel and get some analysis. samantha vinograd, you used to work on the national security council during the obama administration. john bolton, very well known. he's a fox news contributor. he's a hardliner when it comes to north korea, when it comes to iran. i'm a little surprised, only a little surprised, because he was a major supporter of the war against iraq and back in 2003, and of course, the first gulf war. and the president, as you well know, says those wars were a disaster. >> he does. but ...

Short. we were close, but not quite there. on your other issues, this bill would have made what we call phase two much, much better. nevertheless, i think there are some things that the secretary of hhs can do to try and sort of stabilize things, but really we needed this bill to make it better. for instance, risk pools, we believe the smarter way to help people with preexisting conditions get affordable coverage while bringing down the health care costs for everybody else is through reinsurance risk or risk sharing pools which this bill supplied for the states. that is not now going to happen...

Seven years and we came a little short. we were close but not quite there. on the other issues, this bill would have made, what we call phase two, much, much better. nevertheless, i think there are some things that the secretary of hhs can go to try to stabilize things. but really, we needed this bill to make it better. for instance, risk pools. we believe the smarter way to help people with pre-existing conditions get affordable coverage while bringing down the health care costs for everybody else is through reinsurance, risk or risk-sharing pools, which this bill supplied for the states. tha...

Ambition. we were close. this bill would have made what we call phase 2 much better. nevertheless, there's some things that the secretary of hhs can do to try to stabilize things. really we needed this bill to make it better. for instance, risk pools. we believe the smarter way to help people with pre-existing conditions get affordable coverage while bringing down the healthcare costs for everybody else is through a reinsurance risk or risk sharing pools which this bill supplied for the states. that won't happen now and therefore he won't be able to deploy that policy tool that we think is bet...

a meaningful handle on the deficits and the debt. now comes of course the federal reserve. we have ben bernanke here, which has used every tool in its box to keep credit flowing and interest rates low in the wake of the great recession. at 2:15 eastern, a little over an hour from now, the fed will tell us what if anything it plans to do in the wake of the downgrade, the debt snafu, the european debt snafu and the global stock freak-outs. in the meantime, i want to bring in richard quest, just outside the new york stock exchange, and christine romans in our new york studios. i would l...