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Criticized democrats of so much back in 2009-2010. >> i think they do want to ram this through, that's why we're already having committee markups on it. the third phase requires us to work with democrats. i think we should be working with them for now to see where we can find common ground. i think we can convince democrats that repeal and major reforms to the health care system are needed. >> an s&p analysis says up to 10 million people could lose coverage under this plan. do you think that's true? >> i think it's possible. i haven't seen that analysis, actually. but the point is, we need to ...

A vote of no confidence in america's leaders to seriously deal with our debt crisis before it gets out of hand? >> it's certainly a vote of faltering confidence. i'm not sure it's no confidence. what they're saying is there is a one in three chance that the u.s. credit rating of aaa, a credit rating we've held all the way back to the first world war, would be lowered if we don't act soon. ali, what i found particularly interesting about the s&p analysis was the conventional wisdom in washington is, wait until the 2012 election, fight it out over that and come and act in 2013 and 2014. the s&p ...

We will be keeping an ear to that. the white house clearly takes this assessment from the s&p very seriously. they did seem yesterday, i would say, carol, to downplay maybe the significance of the s&p assessment. the white house president secretary, jay carney, in the briefing yesterday, said, he and the white house and the administration at-large simply believe that the political prospects for leaders in members of congress to come together and agree on tackling the country's deficit and debt problems is better than the s&p debt assessment. >> what the s&p analysis also said was the american ...

The white house is keying to downplay s&p's intervention saying that any warning should be taken in context. >> what the s&p analysis also said was that the american economy is strong. it's growing, diversified, dynamic. it continues to be the most important and most powerful economy in the world. as for its political analysis, we simply believe that the prospects are better. we think that the political process will outperform s&p expectations. >> but the man responsible for the u.s. outlook downgrade is skeptical about these kinds of claims, telling cnn that the political process has got a ve...