On a background briefing with reporters just now, the White House gave details of where they say things went wrong in the now defunct debt talks between the President and the Speaker. The sides couldn’t bridge the final $400 billion the White House wanted in tax revenue.
It’s safe to say that Obama’s press conference on Friday evening was one of the angrier of his time in office. In case you missed it, we’ve collected the highlights. Watch.
The death toll from the massacre in Norway is now at a staggering 91. Most of the deaths came at the island youth camp of the ruling party. A right-wing Norwegian has been arrested and charged in both attacks. A police official told the AP the attack is more Norway’s “Oklahoma City” than its “World Trade Center.”
Key detail from the collapse of the debt deal negotiations: At the last minute, House Republicans demanded that any deal include a repeal of the individual mandate provision in the new health care reform law, according to the White House.
The congressional leadership is convening with President Obama at the White House at 11 a.m. ET for what could be described as another round of debt talks. But it seems like we’ve entered at least the beginning of the end game on this — although it remains unclear what that end game actually is.
Here’s TPM’s Brian Beutler on the end game last night with Keith Olbermann: Read More
Saturday morning debt talks at White House end in less than an hour. No word yet on any progress or on what the new way forward may be.
The latest read on today’s White House debt deal talks.
Boehner, Reid, McConnell and Pelosi meeting at the Capitol at 5:30 p.m. ET on debt ceiling.
A long Saturday of meetings about the debt ceiling in Washington is over. Congressional leaders met with President Obama this morning at the White House, then they reconvened at Speaker Boehner’s office in the afternoon. After that, House Minority Leader Nancy Pelosi, Senate Majority Leader Harry Reid met in Pelosi’s office some more (Boehner and Senate Minority Leader Mitch McConnell did not attend.)
No final deal was made, though Boehner reportedly hopes to have at least some plan in place by the time the Asian markets open Sunday night.
On her way out after her session with Reid, Pelosi told reporters there are no meetings scheduled for tomorrow.
