The White House is beating back reports from the New York Times and Jay Carney that a major deal on raising the debt ceiling is close.
From Jay Carney at the top of the briefing:
Before I take your questions I just wanted to anticipate – one in particular – and say that the breaking news report that you probably all received is incorrect. There is no deal. We are not close to a deal. We are, obviously the president is in discussion with all the leaders of Congress as well as other members – exploring the possibility of getting the biggest deal possible which is a position he has held for a long time now as you know. The fact is there is no progress to report. We continue to work on getting the most significant deficit reduction package possible because we believe it is the right thing for the economy and if done in the right way, the balanced way will be good for growth and good for job creation.
Still Carney insisted there is no question that the debt ceiling will be raised. The only question, he says, is the package accompanying it.