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Then after lunch this afternoon, rome time, they will get down to the business and the spiritual sanctity of electing the new pope. what one analyst said the most exciting event in the world. >> it's not like baseball where you have innings nor is it like basketball where you play against the clock. there is no clock and there is no fixed set of innings. i think many hope it not be too long because if it's shorter, it may indicate greater unity from the get-go among the cardinals. >> this afternoon, the cardinals will proceed in procession from the pauline chapel to the sistine chapel and when...

They will take the oath before capturing their first ballot. only one ballot that is the evening for white or black smoke we should see about 7:00 p.m. rome time. black meaning no pope. white meaning there is a new pope. lauren green reporting live for us from rome this morning. thank you. back here in the nation's capital president obama continues the outreach on the hill. the economy may be in for a reality check and then the race for the white house in 2016 may already be taking place. doug luzader is live in washington with more of the headlines. good morning. >> good morning. is it to...

Ballot. of course, the first whiff of black or white smoke would be around 7:00 p.m. rome time. black smoke would signal there is no new pope. the white smoke signaling we have a new pope of the that is the situation right here right now. gretchen? >> gretchen: all right. lauren green, thank you so much for breaking that down. historically it's amazing to hear the process and how it works and we can know relatively soon. >> eric: i went on the betting site and the archbishop from italy is the highest -- the most likely, according to the people who do those things. they bet on when will be the ...

Asking themselves, who would be the best person for that job today? some of their concerns. number 1; who can give a happy, joyful, committed and convincing presentation of the gospel in these times, now with the challenges that we face? secondly, who is able to reform the curia, the central bureaucracy of the vatican because there have been serious and very public issues. the issue of the butler and all of those things, passing on information, recognizing that there are serious issues here. but there are lots of other issues as well. what we will find out very soon, on tuesday evening, rome t...

Of you not only in rome but >> and both the joys and burdens that the pope talked about will end for him tomorrow at 8:00 p.m. rome time, shep? >> shepard: not before one more public appearance, right, jonathan? >> yeah, tomorrow he will fly by helicopter from the vatican to the pope's official residence. there we expect him to make one final appearance from the balcony of that residence, a large crowd expected to turn out to see him. prior to leaving the vatican though, he will meet with the cardinals who are already there. then following that on monday, the college of