The deal is likely to pass the Senate today but the House could prove more difficult, as Jon Karl reported this morning.
“Well, obviously, George, every member is going to have to make their own determination,” Plouffe said. “We’re confident that this deal will and should pass.”
Obama received criticism from his own party who claim he gave into too many GOP demands. In today’s New York Times columnist Paul Krugman accused the president of “abject surrender.”
“[Obama] surrendered last December, extending all the Bush tax cuts; he surrendered in the spring when they threatened to shut down the government; and he has now surrendered on a grand scale to raw extortion over the debt ceiling,” Krugman wrote.
Plouffe denied that the president gave up too much.
“Absolutely not,” he said.
“These are spending cuts that, you know, were identified largely on the front-end through the work the President and Vice-President did with the Congressional leaders. They protect things like education, like medical research and this Committee is going to be charged, again, with doing the next stage but the enforcement mechanism, obviously, we wanted to do something that we thought protected the most vulnerable and that’s what this enforcement mechanism would do,” Plouffe told me.
The ongoing debt drama has taken a toll on both Congress’ and the president’s approval ratings, who according to the latest Pew poll is in a dead heat with top Republicans for the 2012 race. As I told Robin Roberts on “GMA,” the country wants something different and you could see a real political earthquake in this next election.
Watch my interview here: