July 14th, 2011
06:13 PM ET
Obama and congressional leaders- way out of crisis? President Obama and congressional leaders met Thursday for the fifth time in as many days trying to reach agreement on raising the nation's borrowing limit and cutting the deficit. The meeting is the shortest yet– just under one hour 20 minutes. (read more here)  US President Barack Obama presents the Medal of Honor to Army Sergeant First Class Leroy Arthur Petry July 12, 2011
July 14th, 2011
12:00 PM ET
Picture of the week U.S. Army Sgt. 1st Class Leroy Petry during a ceremony awarding him the Medal of Honor at the White House July 12, 2011 in Washington, DC. Petry, who received the medal for his courageous actions during operations in Paktia, Afghanistan, in May 2008, is the second living, active duty service member to be awarded the Medal of Honor for actions in Iraq or Afghanistan. 
July 14th, 2011
07:27 AM ET
Talks get tenseWashington (CNN) - A fifth session of talks in five days is set for Thursday to head off a possible government default. Wednesday's session ended on a tense note with House Majority Leader Eric Cantor and President Barack Obama squaring off over the Republican's call for a short-term extension of the federal debt ceiling. At one point, Obama said the political wrangling confirmed what the public considers to be the worst of Washington, according to Democratic sources familiar with the talks who spoke on condition of not being identified. Multiple sources, also speaking on condition of anonymity, said Obama told the gathering that "this could bring my presidency down," referring to his pledge to veto any short-term extension of the debt ceiling. Sources say he vowed, "I will not yield on this." 
July 14th, 2011
07:16 AM ET
POTUS schedule Thursday July 14, 2011Day five of debt ceiling talks at the White House. Today's meeting is scheduled to start at 4:15pm. So far the talks have been tense and little progress has been made. They seemed to agree on 1.5 trillion in spending cuts. The sticking point is tax revenue, the president wants it, republicans don't. full schedule is after the jump |
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