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Tuesday, July 5, 2011

President Obama on Deficit Reduction-July-05-2011-

Obama:

"Real differences" remain on debt deal

July-05-2011--President Obama has invited Republican and Democratic congressional leaders to the White House for a meeting Thursday to work through the "real differences" that he says remain to get a deal done to raise the debt ceiling.

The president cited "reports" that some members of Congress "want to do just enough to make sure that America avoids defaulting on our debt in the short term, but then wants to kick the can down the road when it comes to solving the larger problem of our deficit."

Video: Obama Thanks Troops at Party on South Lawn

Obama calls lawmakers to White House in effort to break debt stalemate

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