'This Week' Transcript: Axelrod, McConnell and Queen Rania

AXELROD: Well, we're going to get that done. One way or the other, we're going to get it done. And I believe the pressure is going to build among the American people. I don't believe Senator McConnell or anybody else is going to be willing to stand up to the American people and say, "We're going to hold your tax cut hostage so that we can give another large tax cut to -- to millionaires and billionaires that we can't afford."

AMANPOUR: Quick answers to some of the statements that have come out in Bob Woodward's book, particularly some about yourself. General Petraeus, the commander now in Afghanistan, said a couple of things, according to the book. One, this White House, they don't know who they're XXX with, messing with. And another, that he didn't like talking to you, because you are, quote, "a complete spin doctor."

AXELROD: Well, look, I've seen General Petraeus in interviews with you and others and I've always been impressed by how deft he is on TV, so I assume he meant that as a compliment.

AMANPOUR: Oh, you think so?

AXELROD: Yes.

AMANPOUR: Tell me how you think you're going to -- and do you believe there will be a confrontation between what the White House believes, which is to have this drawdown in 2011, and what General Petraeus seems very, very clearly to be laying the groundwork for, and that is much, much less of a drawdown, if at all, by 2011?

AXELROD: I think General Petraeus and everyone involved was there through this process and at the end of the process. And everyone agreed that the drawdown would begin in July of 2011, and not a trivial drawdown, but a real drawdown.

AMANPOUR: And one last question. Everybody's also talking about, you know, reshuffles in the White House. Rahm Emanuel, who apparently wants to run for mayor of Chicago, will he leave before the midterms?

AXELROD: Well, look, filing for that is November 22nd, I believe, in Chicago. And obviously it takes some time, if you're going to run for mayor, to do it. So it stands to reason that he would have to leave earlier if he decides to do it, and that's something he's still working through.

AMANPOUR: What's your -- if you had to bet, will he do it? And will he leave before the midterms?

AXELROD: I never bet on national television.

AMANPOUR: What do you think will happen?

AXELROD: I think that he loves the city of Chicago, he's always believed that that was the greatest job there is, and so I think he's drawn to it, but he still has family considerations to think about, and -- and he's working those through.

AMANPOUR: David Axelrod, thank you very much, indeed.

OK. I didn't ask you about Karl Rove.

AXELROD: I know. I'm really upset about that.

AMANPOUR: OK, I'll ask you about Karl Rove.

AXELROD: OK, do it.

AMANPOUR: Yes, even if we put it online, OK?

AXELROD: OK.

AMANPOUR: Can I just ask him quickly? Yes? Can we roll? Are we ready? Yes, sorry, OK.

Big front-page article in the New York Times today about the return of the Republican guru, Karl Rove. What do you think that's going to mean? You guys can't get your message out, apparently. They're pretty good at doing it.

AXELROD: Well, first of all, I would quarrel with the first part. We'll see what happens in November. I think as people become familiar with what the Republicans are proposing, I hope they all read that Pledge to America and will see -- I suspect it'll get a lot closer than you believe.

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