"He will say, 'Here are the warts, I'm responsible'"

“He will say, ‘Here are the warts, I’m responsible,” said the senior administration official, who requested anonymity because aides were not authorized to discuss the remarks before they’re delivered by the president.

The official said President Obama believes that previous administrations would “play hide the ball” and not come clean with the American people when things wrong so he wants to be direct about what needs to be fixed, but the official said the president does not want this process to devolve into finger-pointing.