From last night’s Fox News All-Stars.

On Senator Snowe voting in favor of the Senate Finance Committee health-care bill:

[Obama] said it enjoyed the support of people from both parties. In fact, it enjoys the support of one, at least, person from each party. He has one Republican, Olympia Snowe, and I credit her. I think she is not a cynical person. She is extremely serious and sincere. And she actually has read the damn bill and came to a conclusion that on balance it is better than the status quo.
However, she made it very, very clear that she goes along with this, but she is quite unlikely to go along with the next versions.
Remember, this is going to have to be merged with the bill coming out of the Senate HELP [Health] committee, which is to its left. For example, it includes a public option, which she opposes, and she will vote no if the public option is included.
And even after that, it will have to be melded with a House bill, which will be way out there in left field, and she won’t support that.
So if the president is touting her support now as evidence of how much he reaches across the aisle, he’s going to be stung when she goes the other way at crunch time.

On the importance of the New Jersey and Virginia governors’ races:

Well, we always over-interpret off-year elections because they are the only state races and it is all we’ve got to talk about, so we have to pretend it’s earthshaking.
However, New Jersey is really a key event. If it falls — and that is a Democratic state, and it would be defeating a Democratic incumbent — that would scare a lot of people in the House and Senate who would be looking at that and wondering about the evaporation of the Obama effect of ‘08.
What’s interesting is that the Republican who had a big lead is losing it. It is largely because the independent, Daggett, is coming up.
It is sort of like what happened in Iowa in 2004 where Gephardt and Dean attacked each other, were way ahead and attacked each other savagely, and Kerry and Edwards sort of snuck in and won as a result of the two big guys defeating and diminishing each other.
But if the Republican squeaks out a victory in New Jersey, it’s important. In Virginia, it is less important, because it really is a purple state. Creigh Deeds is a very weak candidate, and he has to win in Northern Virginia, which is essentially a suburb of Washington.
Obama carried it by 30 points. Deeds is in single digits ahead. So it looks as if he doesn’t have a chance, but it will have less national importance.