i'm joined now by white house adviser david plouffe. welcome. >> thank you. >> it is overly rosey or that close? h. >> well, we don't have a deal and as chuck todd just reported on there is a legislative clock and default clock so the hours are ticking. what is clear is that there is a deficit reduction on tuesday, and something that the parties agree about $1 trillion of deficit reduction and the second stage is trickier of the entitlement reform and tax reform which the super committee will be appointed to do. and they have top a point members to the committee to drive to yes and get out of the comfort zone. >> let me be clear, what is the president going to accept adds a deal? >> well, first of all, it is clear that the economy is not as strong as any of us would like it to be. this debt ceiling cloud has harmed our economy. why on earth would we want to go through this again in a few short months from fou? >> so it has to be through 2012? >> for the economy, yes. number two, we want to make sure if there is an enforcement mechanism

i'm joined by senior adviser to the president, david plouffe. welcome back to "meet the press." >> good morning, david. >> from your vantage point, you're inside the room, is that overly rosy or are you that close? >> well, we don't have a deal. everyone is cognizant, as chuck todd just reported, on both the legislative clock and more importantly, the default clock, so the hours are ticking here. i think what's clear is that there is general agreement that we're going to have deficit reduction in two stages. the first is going to be something the parties largely agree on, about $1 trillion in deficit reduction. the second stage is going to be the trickier elements of entitlement reform and tax reform, which this supercommittee is going to be charged with, and i think it will be incumbent on the members of congress to appoint people to those committees who are going to drive to yes, to try to compromise, get out of their party's comfort zone. >> let me be clear, though, what will the president accept as a deal? >> well, first of all, it's clear, o

this is what david plouffe had to say just this morning on "today." >> we have an opportunity this fall, congress does, to revisit another debt reduction and in that stage entitlement reform and tax reform will be looked at. >> we are joined by mark murray, and we just heard congresswoman bass say there are things that she hates in the deal, but felt that there was no other option here with what is many are categorizing as extortion by the right wing and by the tea party caucus and whatever you call it, but david plouffe says we will see it again with this same dynamic again. >> but this time, tamron, the dynamic could help democrats. we have a super committee with the results around thanksgiving time and action right before christmas and it would deal with the revenues that the democrats are hoping to be able to get that they wanted to extract in that grand bargain, and of course, the republicans would not budge on any tax revenue increases, e including eliminating the loopholes but the defense cuts and medicare and social security cutts may be a compromise to democrats to get revenues

. >>> now, let's go to the white house and white house senior adviser, david plouffe, for his bottom line on all this. thanks for joining us this morning, david. let's start off with the big question. do you have the votes to pass this? >> obviouslyly george, every member is going to have to make their own determination. we're confident that this deal will and should pass. it's one removed a cloud of uncertainty over the economy. wewee not going to have to repeat this episode again in five or six months. significant debt reduction on the front end. we're going to have a great debate in the fall around the country, about the debt reduction. the only way to reduce theebt in a smart way, is to make sure there's smart perform. and to closeup the tax loopholes. >> the speaker of the house is saying any tax increase is impossible in the next deal. what makes you leave that the house republicans that are been adamant about raising tax revenues is going to be more likely to do it today. >> we never reached a final deal. but there were tentative agreements for $800 billion in revenue. and you'

. >> reporter: the white house senior adviser david plouffe on "meet the press" was optimistic, too. >> i think it is clear there is deficit reduction. >> reporter: raise the debt ceiling by up to $2.8 trillion in two installments. stage one, cut about $1 trillion in spending. launch a new kind of super committee evenly split to find up to $1.8 trillion by november. stage two, if congress fail to actually make those recommended cuts by the end of the election year, that kicks in automatic spending cuts including medicare and defense. after the maddening display of inaction that lit up the phone on capitol hill all week -- and fired up the public -- >> with the 11th hour now and it is time to get this done for the american people. >> reporter: tourists outside the capitol today want this over. >> it is really a concern. i feel like they're not dealing with the average person. >> it is not red and blue. this is a time for everyone to come together. >> reporter: both sides acknowledge a deal must include ways to compel congress to make future debt reductions. >> there should be a sword

. >> i know the white house believes and david plouffe was talking about it, that this is going to create the kind of pressure for the grand compromise, the grand bargain the president has been calling for, a final dealrom the super committee that calls for both spending cuts and tax revenue increases. what makes the white housese believe the house republicans who are dead set against any tax revenue increases right now would be more open to them in december? >> the threat of what would happenenf this super committee does not perform. if the super committee does not perform, the triggers then kick in, and those are the deep defense cuts and deep cuts into other spending programs that jon talked about in his piece. if you look at it this way, would you bet that the congress will take on entitlement reform and tax reform in the next year and a half without the super committee? absolutely not. even if the super committee doesn't have a huge chance of succeeding, it's better than what would happen without it. >> the white house does get the debt limit extended through the next election. it's

. >> sean: you've got david plouffe, david axelrod, they are blaming the tsunami, arab spring.it is lame in terms of and george bush. by the way the earthquake was george bush's fault. here's what i think is happening. they are polling, focus grouping. come up with a few new buzzwords. repackage his old ideas. and act as though this is a big new idea and blame republicans. accurate? >> right. if you looked on the sunday morning talk shows david axelrod said several times we are going to present something that reasonable people should be able to interpret. anybody who disagrees with it and doesn't like it will be unreasonable in addition the other thing that was interesting and it could have been a nuance. president obama said i'm going to introduce a plan. axelrod said he will produce an outline. those two things are different. a plan is detailed. an outline could be just rehashed stuff from before. that won't be enough for businesses. >> we said 5&us before, the president cannot change course. he cannot do what is required. he cannot lower tax rates and increase revenues to th

he owns the economy according to david plouffe and debbie wasserman schultz. we are going to blame the tsunami, arab spring, job. maybe we should stop blaming the fact that he spends more than he takes in and he doesn't understand how to unleash the economic -- >> whoa, whoa, whoa! >> sean: four trillion in obama debt. >> before president obama became the president, when all we had were the bush policies, the congressional budget office said, we're going to have 1.3 trillion dollar a year deficits based on just how the economy is doing. that was without any policies from president obama >> sean: one trillion dollar stimulus. this year's deficit 1.-- >> sean over three years, come on! >> sean: way. this year's deficit is 1.65 trillion. >> and we're trying to get out of the worst downturn of our lifetimes. >> sean: for three years? >> yes. i'm out at this fed conference where there are all of these international economic officials, from other countries. the consensus of the international arena is that in the data when countries come out of deep financial crises

one is david plouffe, not surprisingly. is what he had to say on the "today" show. >> the president said last week, the american people did choose divided government, but they didn't choose dysfunctional government and there were moments during this process where is looked dysfunctional. i think moving forward it would behoove all of our leaders on behalf of the american people to lower their voices a little bit enbe more earnest in seeking compromise. >> he likes the deal. and grover nor quist tweeted, real spending cuts, no tax hikes, gang of six said it couldn't be done. we learn onward. they're on the same side. what does that tell you? >> i think we have reached nirvana here. or the exact opposite. >> or everybody is faking it until we get through the vote. >> that could be. what did we learn about -- i want to break this down. what did we learn about president obama in all of this? >> we learned president obama, with his back up against the wall, had to blink. he had to give up more than he wanted. if you think of the

of our leaders to lower their voices a little bit and be more earnest in seeking compromise. >> david plouffe at the white house. a long weekend. thanks for your time. i appreciate it. >> thanks, matt. >> here's ann. >> thank you. >>> now let's bring in david gregory, moderator of "meet the press" and tom brokaw who also had a long weekend. good morning to both of you. >> good morning. >> first of all, david, very quickly. does this deal have the votes to pass the house? >> i think it does. there are problems on the left and the right. you had emanuel cleaver that liberals are not happy with this deal. there are going to be some hardcore republicans, tea party folks, who aren't happy either. michele bachmann who is running for president said she won't vote for it. boehner is saying he's for it, it should get through. >> you talked about the tea party, there's been no secret the conservative elements in the tea party, especially the freshmen, have had an impact on this struggle. so the question i think some people might be asking is, do you think that members of the tea party caucus know how t

. >>> also from the white house this morning is david plouffe, senior white house adviser. i imagine you're tired this morning. so, we appreciate it. >> of course, erica. good morning to you. >> as we look at what's gone on now and how contentious it's been in public, give us an idea. to get to this point, how contentious were the negotiations? >> these were tough negotiations. you know, for a while there, the president asked the country last week to lift up their voices and contact congress and demand compromise. finally in the closinge ining h here, we saw them compromising to get a good result, that reduces about $1 trillion. this fall, congress will work on things like tax reform, entitlement reform to get additional deficit reduction. most importantly, this will lifted over our economy. one of the big battles was many republicans in congress wanted this to continue again in five or six months that we would have this debate all over again. anybody who has been watching your program or others would say that would be a bad idea for the country and our economy. >> you ment

republicans never would get -- let me tell you, even yesterday on "meet the press," you can hear david plouffeto give on entitlements. but we need this in return. we need certain things in return. >> mika, mika, mika, first of all -- >> they were at loggerheads yesterday at 9:00 a.m. >> the president has known for nine months what these freshmen were going to do. >> yeah. >> because these freshmen have been saying this is the issue, this is the date. mr. president, circle it. these appreciafreshmen have beeg their leaders in the house and the senate, circle the date, we're not just going to give you a clean debt ceiling. they have been saying this for nine months. i went on the floor the day they were sworn in. they weren't talking about afghanistan. they weren't talking about medicare. they weren't talking about social security. on that day, in early january, 2011, they were saying circle the date, we're not going to just increase the debt ceiling. all of washington knew that. now, if the president and the democrats want to ignore this for eight and a half months, and not put out a budget bec