'This Week' Transcript: Gov. Arnold Schwarzenegger and Gov. Edward Rendell

Look, one-tenth of the Republican caucus in the House has announced their retirements, OK, only 13 Democrats in the House. We have more Republicans retiring in the United States Senate than -- than Democrats.

We know from 1994 as well as 2008, when you look at two volatile periods that if you have to defend open seats, it's very difficult. So for Democrats right now, the game is to hold as many seats as possible and to not retire. For Republicans, they still have to come up with some ideas to go out there and galvanize the electorate. One-third of the American people is still with the president, one third is against the president. There's 30 percent of the American people that is still up for grabs. And if this president leads, he will be able to capture those people.

WILL: I want to say something in defense, particularly to Donna, of being the party of no. The Republican Party elected its first president because he said no to a bright idea a Democratic senator had, which was I'll solve the problems, said Stephen A. Douglas, of expansion of slavery into the territories. Let's have popular sovereignty. People can vote it up or vote it down. A lawyer from Springfield, Illinois, named Lincoln said no, that's a bad idea. We're going to stop that idea. Now is the Republican Party the party of no, you bet they weren't.

BRAZILE: You know, George, is the Republican Party going to defend the 39 percent rate hikes on insurance premiums this coming week when they hold the health care summit? Will the Republican Party continue to defend all of these job cuts across the country when you see governors having to eliminate very popular programs? Let the Republicans continue to say no. I think Democrats have to lead and it's up to the president to demonstrate that.

MORAN: It is a challenge, and let's turn to the health care summit. It looks like Republicans are ready to come and say, no, take that bill off the table.

HUFFINGTON: Absolutely. They've made that very clear. Even Newt Gingrich at the CPAC convention yesterday, he said that we need to start from crash, eliminate everything in their health care bill and start from scratch. So here's really my problem with the president. Why does he really think that he can get Republicans to find common ground, after all the experience of the past few months? I mean, why is he so intent on seducing Olympia Snowe and Chuck Grassley? The problems is that the American people are with him when it comes to the essential elements of the bill. It's the way the bill has been solved that have turned people against the legislation.

DOWD: I totally disagree with this. Barack Obama's problem is not the Republicans. Barack Obama's problem is the American people. The American people decided they don't want this health care bill. They don't think any jobs have been created. They don't think anything's really been done in Washington.

So the idea that the Republicans are the ones? Republicans are just representing a wave out there. They are standing on top of a wave that the American public says we don't like any of this. And I think in the end, it's not a sales job. To me that's like saying somebody owns a restaurant and nobody eats their food so we're going to do more advertising.

BRAZILE: He has the job of governing, and that is where the president has, I think, fallen short.

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