Briefing bites: Carney says August 2 ‘hard and fast’ deadline
July 27th, 2011
03:44 PM ET

Briefing bites: Carney says August 2 ‘hard and fast’ deadline

Jay Carney did his best to instill continued urgency ahead of the August 2 debt ceiling deadline during the White House press briefing Wednesday:

It is only a matter of days before the August 2nd deadline. And while at midnight on August 2nd we don't all turn into pumpkins, we do as country lose our borrowing authority for the first time in our history. And that would be a very bad thing.

Carney added that if the deadline did pass, the government would have to make difficult decisions about which financial obligations to honor.

Choices then have to be made and it's a Sophie's choice, right? Who do you save? Who do you pay? That's an impossible situation that this country has never faced and should never face if Congress does what it was elected to do and does its job.

Carney also reiterated the president is not for a deal that only raises the debt ceiling for a matter of months, contending that it will be more difficult to reach a deal during an election year than now.

Do you believe that it will be any easier in an election year? We all know as veterans of Washington and understand how cycles work, it gets a lot harder to do hard things in an election year, right? And that's not a question of who it helps or hurts politically. You could argue because the public is overwhelmingly in support of the president's position that we should do this in a balanced way that this fight is good politically. But it's bad for the country and it's bad for the economy.

Obama administration gets court win over stem cells
July 27th, 2011
01:45 PM ET

Obama administration gets court win over stem cells

The Obama administration got a win in federal court Wednesday that knocked down a lawsuit which had been successful in temporarily blocking federal funding for embryonic stem cell research:

Washington (CNN) - A federal judge dismissed a lawsuit Wednesday that tried to block funding of stem-cell research on human embryos.

A federal appeals court in April lifted a previous injunction on continued funding, and U.S. District Chief Judge Royce Lamberth has now agreed with the Obama administration that the lawsuit brought by two scientists should be dismissed.

The 38-page decision is a victory for supporters of federally funded testing for a range of diseases and illnesses.

More HERE


Topics: The News
Picture of the week
Photo by Win McNamee/Getty Images
July 27th, 2011
11:21 AM ET

Picture of the week

A World Series ring sits on a table prior to an event where President Obama welcomed the World Series champions San Francisco Giants to the East Room of the White House on Monday, July 25, 2011. The Giants defeated the Texas Rangers in the 2010 World Series, giving the franchise their first World Series championship since 1954, and the first since relocating to San Francisco in 1958.

POTUS's schedule for Wednesday, July 27, 2011
July 27th, 2011
08:56 AM ET

POTUS's schedule for Wednesday, July 27, 2011

It's beginning to feel a bit like Groundhog's Day as the debt talks continue. The president has nothing on his public schedule today besides his usual morning briefings so he will have plenty of time to meet behind closed doors with Congressional leaders if the need arises. We'll keep you posted on any changes in the schedule.

Click below for the full White House schedule: FULL POST


Topics: Daily Schedule • The Vault