An Obama-Clinton Ticket in 2012? Not So Fast

ABC News' Sunlen Miller and Luis Martinez report:

The White House and Secretary of State Hillary Clinton both denied today that a switch is being discussed to trade Secretary of State Hillary Clinton for Vice President Joe Biden in 2012.

“It’s just absolutely not true,” White House press secretary Robert Gibbs said to reporters of rumors of discussion of a swap, “ it’s not a discussion that’s happening.”

On Tuesday Bob Woodward raised the possibility that Clinton would step in as Obama’s running mate and Biden would become Secretary of State. In an interview on CNN’s “John King USA," Woodward said the switch was “on the table” in White House circles. "

Secretary of State Hillary Clinton today equally pushed back on the rumors at an appearance before the Fortune Most Powerful Women Summit in Washington, D.C.

“I have absolutely no interest and no reason for doing anything other than just dismissing these stories and moving on, because there's just no -- we have no time,” Clinton said, “We have so much to do. And I think both of us are very happy doing what we're doing. “

Clinton praised the Joe Biden, saying he has been doing a “wonderful job,” as Vice President, adding that they have a “great relationship.”

“I love what I'm doing. I feel so privileged to serve at this time in American history,” Clinton said, “But it is mostly that I get up every day and I'm totally captivated by what the day holds, which -- I often have no idea what it's going to be. And I very much enjoy the work. “

Gibbs today said the president appreciates both Biden and Clinton – in the roles they have right now, respectively.

“The president will tell you that the decision to pick Joe Biden to be the Vice President was one of the best decisions he’s made over the last two years Joe Biden is doing an extraordinary job handling an array of very difficult issues,” Gibbs said, “He’s also quite pleased about the job Sec of State Clinton is doing to further our foreign policy goals across the world.”

Interestingly enough both the Vice President and the Secretary of State in recent days have spoken about some level of pause before each accepting their assignments.

In Minnesota on Tuesday at a fundraiser for gubernatorial candidate and former Sen. Mark Dayton (D-Minn.) the Vice President recalled, as he has in the past, how he initially turned down Obama to be his vice president, but after consideration accepted.

Secretary of State Clinton today also gave a window into the process of her accepting her role at State, saying at first she was “looking forward to going back to the Senate.”

“The president said he wanted me to do this, and I said, ‘oh, Mr. President, there are so many better people.’ There are so many other people.’ So I did spend a couple of weeks trying to convince him that there were other people who could do the job. And he spent a couple of weeks, ultimately successfully, convincing me to do it.”

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