'This Week' Transcript: David Plouffe and Ed Gillespie

PLOUFFE: Well, first of all, George, we have a great organization in Pennsylvania, much better than Governor Romney's. We've been working there for two years. So we've got a great organization, great volunteers.

Listen, this is a desperate ploy at the end of a campaign. I mean, to win Pennsylvania, Governor Romney would have to win two-thirds of the independents. He's not going to do that anywhere, much less Pennsylvania. So the truth is, they're throwing some ads up and Governor Romney is, you know, traveling in the state he's not going to win.

But what really matters in terms of the Electoral College is, we're the ones playing offense. George, as you know, a few weeks ago, Governor Romney's campaign was saying, oh, we're going to win Florida, we're going to win Virginia. On Monday, the day before the election, Governor Romney is going to Florida and Virginia. Why? Because he's at great risk of losing those states.

So in Florida, Virginia, North Carolina, we're playing offense on states that they thought they had the inside track on, and they don't. So, you know, I think a lot of this is a smokescreen, to try and mask the fact that in the places that will decide this election from an Electoral College standpoint -- Ohio, Iowa, Wisconsin -- they are -- it's going to be close, but they are definitely in a weak position heading into Election Day.

STEPHANOPOULOS: So is there anything that worries you in these final 48 hours?

PLOUFFE: Well, sure, George. I mean, we -- listen, four years ago, when -- at this time, two days out, everybody thought we were sailing to victory, we were very concerned, because, you know, support levels don't mean anything if they don't materialize into votes.

So we're just going to -- you know, the president is traveling around the country, the vice president, the first lady, former President Clinton is going to be with us today in New Hampshire, as he was last night in Virginia, we're throwing everything we can at this. But this really comes down to our amazing volunteers, our staff out in the field, who have to make sure the people who support the president exercise their right to vote. So that's our biggest task right now, from a political standpoint, is to make sure that we get our vote out.

STEPHANOPOULOS: Finally, even if the president wins, his margins are going to be smaller than last time around. Doesn't that mean less of a mandate? And won't it make it harder for the president to succeed in his second term?

PLOUFFE: Well, George, you know, as soon as the election's over, we've got to move on to the pressing business. We've got, obviously, some fiscal and tax issues in front of us. We've got a lot of potential, I think, to do some great things on education, on manufacturing, on immigration.

And so, no, I think that, you know, we need to try and have compromise and balance. If we do that, if those two things are present, we're going to be able to solve our long-term deficit challenges, we're going to be able to do some things to create jobs in the short term, and build on the progress that we've seen over the last four years.

And that's really the question: Are we going to build on the progress that we've made after we've dug out of this recession? Or are we going to take an enormous risk and go back to the same policies that wrecked our economy and devastated the middle class? Which is really, at the end of the day, in our view, all Governor Romney is offering.

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