James Baker: Jeb Bush should run

Former Secretary of State James Baker said on Sunday former Florida Gov. Jeb Bush would make a great president and should run for the Republican nomination in 2016.

"I hope he does. He would make an extraordinarily fine president. He's a very capable young man," Baker said on CNN's "State of the Union."

Baker also predicted Republicans would pick up six seats and regain control of the Senate in Tuesday's midterm elections, though he warned that both the president and the Republicans would have to learn to work together.

"You have to be willing to schmooze and make a concentrated and concerted effort to achieve compromise with the other side," Baker said in advice to President Barack Obama.

As for the Republicans, Baker warned that if they don't learn to work with Obama, they'll suffer in 2016.

Republicans "have to cooperate with the president when they control both houses or they will pay a price for that in the next election," Baker said. "The one thing I think Republicans have to do if they win the Senate ... and they'll have both houses. They need to get things done, they need to pass legislation, come together and pass legislation they can then present to the president and put the onus on him to either sign it or veto it."