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The president's new plan for nasa creating something of a space spat this morning. the administration thinks it's time to consider a new direction for america's space agency. ed henry is live at the white house this morning. ed, the president heads to florida tomorrow to present this plan. what do we know about it so far? >> reporter: jim, you're right. it's almost two plans. the president had an original plan that's taken some flak. tomorrow in florida he's expected to come up with a compromise plan mostly stemming from the fact originally he wanted to cut off funding from some of the existin...

I want you to see what it says. while the president's plan humans traveling away from earth and perhaps towards mars at some time in the future, the lack of developed rockets and spacecraft will assure that ability will not be able for many years. he says without the skill and experience that actual spacecraft operation provides the usa is far too likely to be on a long downhill slide to immediate at krimmediate citi. it will give us the very best chance of achieving that goal. now, to be fair to the president, the president says, i share that goal. he wants to get people back into space. that...

Going to be on the hook if some of these enormous organizations on wall street still are too big to fail and the government has to prop them up. nonsense, says the white house. this is just another poll tested republican talking point that the legislation specifically says there are provisions to wind down these companies. in other words, sell off their assets and the equity holders in those companies will get absolutely nothing. >> that's interesting, vick. i think mcconnell's going to have a harder timekeeping the republican caucus united on this one than he did on health care. i want to mov...

At the kennedy space center? florida. thank you, tom. the president's plan is causing a divide among some of nasa's biggest heroes. in an open letter to the president earlier in the week, neil armstrong joined by fellow astronaut eugene cernan and jim lovell sent out a warning saying, quote, without the skill and experience that actual spacecraft operation provides, the usa is far too likely to be on the long downhill slide to mediocrity. just this morning buzz aldrin told "the daily rundown," he said america's sliding downhill into mediocrity would never happen. >> i don't think america wou...

Turn. we'll have that miracle escape. we begin with president obama heading to nasa today. he's there to lay out and defend his vision for the future of america's space program. with the shuttle fleet set to be grounded, the new plan is getting a chilly reception from thousands of agency workers. and it's causing a split among some of nasa's biggest heroes. in an open letter to the president, neil armstrong warning, quote, without the skill and experience that actual spacecraft operation provides, the usa is far too likely to be on a long downhill slide to mediocrity. but just moments ago hi...