July 23rd, 2011
01:04 PM ET
Obama held meeting with congressional leadersWashington (CNN) - President Obama and Congressional leaders convened Saturday for less than an hour at the White House amid ongoing negotiations to raise the debt ceiling before the August 2 deadline. House Speaker John Boehner, Senate Majority Leader Harry Reid, House Minority Leader Nancy Pelosi and Senate Minority Leader Mitch McConnell met with the president and Vice President Joe Biden in the Cabinet Room of the White House. Read more here about the status of the talks.
July 23rd, 2011
12:22 PM ET
July 23rd, 2011
10:25 AM ET
Obama: There's still time for debt dealWashington (CNN) - President Obama encouraged members of both parties to find a balanced agreement to raise the debt ceiling ahead of the August 2 deadline. In his weekly address released Saturday, ahead of his meeting with Congressional leaders, Obama said the debate "boils down to a simple choice." "We can come together for the good of the country and reach a compromise; we can strengthen our economy and leave for our children a more secure future. Or we can issue insults and demands and ultimatums at each another, withdraw to our partisan corners, and achieve nothing," Obama said. "We know the right thing to do. And we know what the American people expect us to do." Read more here. 
July 23rd, 2011
08:38 AM ET
Saturday meeting at the White House After the breakdown of talks last night, President Obama has summoned the leaders to the White House on Saturday to continue to figure out a way to compromise for the debt talks. We'll see the beginning of the meeting when the travel pool goes into the Oval Office. Of course, the real discussions will begin once the cameras are kicked out. We'll see if there's any progress today and we'll keep you up on the latest details. 11:00 AM THE PRESIDENT and THE VICE PRESIDENT meet with Congressional Leadership Oval Office Along with the president and vice president, the following are expected to attend: Speaker John Boehner Senator Harry Reid, Majority Leader Senator Mitch McConnell, Republican Leader Representative Nancy Pelosi, Democratic Leader
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