By PETER BAKER
As Emanuel put it the morning of the Massachusetts election, the final judgments will depend on the final results. If the president and his chief of staff manage to salvage their ambitious campaign to overhaul health care in the next few weeks — a proposition the White House privately put at 51 percent as the month began, according to an official — then, as Emanuel said, they will be seen as smart all over again. But that 49 percent chance of failure could devastate Obama’s presidency, weaken Democrats heading into the fall midterm elections and trigger an even fiercer, more debilitating round of finger-pointing inside the administration.
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