• This is a rush transcript from "The Journal Editorial Report," April 28, 2007.

    PAUL GIGOT, HOST: This week on the "Journal Editorial Report:"

    (BEGIN VIDEO CLIP)

    SEN. HARRY REID, D-NEV.: After more than four years of a failed policy, it is time for Iraq to take responsibility for its future.

    (END VIDEO CLIP)

    GIGOT: President Bush gets his veto pen ready as the House and Senate pass legislation that would pull troops out of Iraq.

    Plus, two for the price of one. Hillary Clinton promises a role for husband, Bill, if elected. Is the country ready for a third Clinton term? Our panel weighs in, after these headlines.

    (NEWSBREAK)

    GIGOT: Welcome to the "Journal Editorial Report." I'm Paul Gigot.

    As the House and Senate passed legislation this week calling for U.S. troops to come home from Iraq in the fall, General David Petraeus made the rounds in Washington citing some progress in the surge and calling the situation challenging and in need of a sustained U.S. commitment.

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    GEN. DAVID PETRAEUS, U.S. COMMANDER IN IRAQ: The situation in Iraq is, in sum, exceedingly complex and very tough. Success will take continued commitment, perseverance and sacrifice. Because we are operating in new areas and challenging elements in those areas, this effort may get harder before it get easier. Success in the end will depend on Iraqi action.

    (END VIDEO CLIP)

    GIGOT: Fouad Ajami is the director of the Middle East Studies Program at Johns Hopkins University and author of "The Foreigner's Gift: the Americans, the Arabs and Iraqis in Iraq." He returned from Iraq late last month. His seventh trip there since the war began.

    Fouad Ajami, welcome.

    FOUAD AJAMI, DIRECTOR, MIDDLE EAST STUDIES, JOHNS HOPKINS UNIVERSITY & AUTHOR: Thank you, Paul.

    GIGOT: You wrote for us, in Baghdad, Iraqis and Americans alike recognize that this endeavor, this grand endeavor as you called it, reached its final decisive phase. What do you mean by that?

    AJAMI: I think from your enormous space you gave me in your paper, Prime Minister Maliki knows this is the end game. He knows he doesn't have unlimited amount of time. I spent quite a bit of time with him.

    It was his decision. I was his guest. He was very open. He understands the American political landscape. Senators and presidential candidates go and visit him. Even though he is a man who doesn't speak a word of English, literally, he has his eyes fixed on the American landscape.

    He knows he has a certain amount of time. He knows it is his time now. He knows the American presence is not unlimited and the American patience is not unlimited. He is very, very -- in many ways he fully understands President Bush's dilemma here at home. And I think it is that time of this war.