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a new front in the battle for the republican presidential nomination, nevada, which holds its caucuses this coming saturday. mitt romney is there along with newt gingrich and ron paul. instead of relishing his victory, a huge victory in the florida primary last night, romney and his team are now in full damage control mode after something romney said right here on cnn. our senior congressional correspondent dana bash is in las vegas with us. she's watching what's going on. what's going on with mitt romney, dana? >> reporter: well, wolf, i think we've auld had something like this happ...

People. but i agree with you on the politics of it that that line is going to be part of the president's reelection effort. and if mitt romney's the nominee or if newt gingrich's the nominee, i think the white house welcomes that contrast. >> and i will go back to august, and the debt ceiling fight as the key turning point when the administration was looking at the economic abyss of the united states not raising its debt ceiling. when that deal was finally done and the president and the administration could finally exhale, any fight after that, they viewed it as a piece of cake. so it was easy...

Foreign policy failures. almost the entire middle east is fall to go the islamists, vladimir putin is taking the reset with russia, flying it right out of the window, with north korea, with every victory, he's had fumples and the american people are balancing that as el. >> i disagree with that assessment, however, in terms of public perception, this is the area where president obama is strongest. majority of the people support his handling of foreign poll stkpwhraoe eye ironic, isn't it. >> it's not eye ironic. he's had a lot of high profile successes but that's the irony of this campaign is ...

Constituency to anger, the environmentalists or the unions. >> we should be reducing our oil dependence and using cleaner fuels. but keystone is a big step in the opposite direction. >> reporter: officials say it would offer the u.s. a stable supply of oil from venezuela. butan democ want mor study. gyou heard the breaking news on herman cain, the presidential candidate will make a major announcement tomorrow on whether he will stay in the race for the white house. governor mark and fore, the former governor of south carolina joins us in three minutes on what the cain campaign should do next. ...

>> reporter: the president warned he will keep them in session through christmas if need be to get this extension passed. when you look at the numbers just mentioned. by a 3-1 margin, more people leaving the workforce than entering the workforce, even though the president got a lot of other policies. carney's response was the president prevented a great depression and they believe congress needs to pass small, medium and large initiatives in order to have insurance here against what's happening in europe not spilling over here making the economy worse. megyn: a new report says the president's ...