Recap Of Obama's Debt Ceiling Press Conference
Jun 29, 2011 at 10:22 PM
DailyBail in Debt & Deficit, debt ceiling, debt ceiling, deficit, national debt, obama, obama, pbs video, press conference

Video - PBS News Hour discussion of today's Presidential presser.

If you want the truth on the debt ceiling read this from Chris Whalen.


WASHINGTON, June 29 (Reuters) - U.S. President Barack Obama called on Wednesday for new steps to spur job growth and tax hikes on the rich, hardening a stance that will likely complicate deficit reduction talks with Republicans.

The U.S. Senate will change its schedule to stay in session next week despite the July 4th holiday after the president challenged lawmakers to remain in town to deliver "substantial progress" on lifting the debt ceiling, one lawmaker said.

Obama's call came as the International Monetary Fund and the Treasury Department urged Washington to reach a budget deal that would pave the way for Congress to raise the United States' $14.3 trillion borrowing limit by Aug. 2.


Boehner's Position Unchanged On Taxes After Obama Press Conference





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