Is Bachmann beginning her presidential campaign?

>> let's get some rapid response from our panel on these stories. congresswoman michele bachmann is going to give a big speech in iowa tomorrow. she's also going to talk to officials in the state. she's a fundraising machine, you can't deny it. the presidential race is going to get interesting real fast. and the honeymoon is over for republicans in congress. only a quarter of americans think they'll bring the kind of change to washington that americans want. joining us to night, joe madison , xm satellite talk show host , joe and michael , great to have you with us tonight. let's go down the road to michele bachmann . what's the plan here? i know minnesota is close to -- iowa is close to minnesota, but i can tell you, it's cold there, too. what is she doing going to iowa ?

>> well, look. there are tons and tons of new republicans who are talking about getting into the race. hrudey giuliani is talking about getting into the race. donald trump is talking about running as a republican. the ambassador to china is talking about running as a republican. what does that show? it shows even though president obama has gotten a big bump in the poll and because of the compromises he made with the republicans in the lame duck session , he still looks vulnerable. there's going to be a lot of excitement in the republican field this time.

>> what about bachmann? you can't deny the fact that she's a money machine. she's that kind of candidate that comes out there and she just says it, she doesn't care how controversial it is. do a lot of voters in this country, that's the real appeal. joe , what do you think?

>> it's interesting what i just heard. one is that it's not just a bump because of the speech he gave. i mean, you just got through having a con ver saversation. people say there's no plan on the republican side . she's a money machine, it's payback time. when you go around the country and raise money for candidates, she's going to now make them pay up. that's why she's in there. what i find interesting is i can't wait for the cat fight between sarah palin and bachmann.

>> you're going to have to wait for a long time. i don't think either of those two ladies are going to run.

>> really? then why is she in iowa .

>> she's considering it. i think her better chance is to run for senate in iowa .

>> let's come back at some point in time because i think both of them are going to run and try to stake out positions at the republican convention . that's exactly what -- i don't think they're going to be the nominee, but i think they're definitely going to run.

>> michael , you really think both of them are going to run?

>> no, i don't think either of them are going to run. i think the republican nominee is going to be what we call a fresh face. somebody who hasn't been around the block that much. now, michele bachmann would qualify, but i think it's very, very tough for anybody to run directly from the house for president of the united states .

>> and also when you're kind of nutty when you talk and you're an extremist --

>> hey, joe . we've got a new tone in america.

>> the honeymoon is over for the republicans . obviously the poll numbers are showing that. but i've got to ask both of you, when do you think the republicans are going to come to the table with a real jobs plan instead of pointing their finger at the white house all the time. michael , when is the job plan coming?

>> there's not going to be a job plan and i'll tell you why not. because that's not your job when you control one house of congress . the republicans got elected to try to temper and move barack obama to the center.

>> the right kind of change? look at those numbers.

>> by the way, 50% of people, ed in that same poll that you just showed believe there will be no change in congress. they're not afraid of the republicans . jobs are not the issue. let me tell you something, i hope everyone --

>> i said there will be no job plan.

>> it's not their job to create their jobs.

>> come on, quit their double talk . it's their job to create policy to help business create jobs.

>> the congress responds to the president. i hope he talks about tax reform . i hope he talks about meaningful progress on the deficit. the republicans ' job is to get our fiscal house in order.

>> okay, no jobs plan coming.