President Barack Obama summoned congressional leaders to the White House for an early Saturday morning to continue negotiations on raising the nation’s debt limit. Talks stopped today as House Speaker John Boehner walked out.
As Reported By The Associated Press:
House Speaker John Boehner abruptly broke off talks with President Barack Obama Friday night on a deal to make major cuts in federal spending and avert a threatened government default, sending already uncertain compromise efforts into instant crisis.
Within minutes, an obviously peeved Obama virtually ordered congressional leaders to the White House Saturday morning for fresh negotiations on raising the nation’s debt limit. “We’ve got to get it done. It is not an option not to do it,” he declared.
For the first time since talks began, he declined to offer assurances, when asked, that default would be avoided. Moments later, however, he said he was confident of that outcome.
SOURCE: AP
