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President Barack Obama sits with House Speaker John Boehner of Ohio, House Minority Leader Nancy Pelosi of California, House Majority Leader Eric Cantor of Virginia, as he meets with Republican and Democratic leaders regarding the debt ceiling in the...

Top Talker: President Obama says it's decision time

07/15/11 09:20AM

 President Obama says, "it's decision time," telling congressional leaders he wants to see a deal on raising the debt ceiling in the next 36 hours.  If not, he says lawmakers will have to return to the negotiating table this weekend.  The President's deadline comes as the front page of the Wall Street Journal reads "Plan B Emerges on Debt."  The Journal and others report that Harry Reid is embracing Mitch McConnell's plan, although it's unlikely it would include any tax increases. read more

Morning headlines: Friday, July 15

07/15/11 05:34AM

Here's a look at stories we're following right now. What are you reading this morning?Obama gives lawmakers 24-46 hours to reach an agreement in deficit talksS&P sees 50% chance of downgrading U.S. credit ratingFBI opens inquiry into News Corp. hacking claimsMinnesota governor and state GOP reach agreement to end government shutdownFEC reports preview viability of Republican presidential hopefuls Betty Ford laid to rest next to President Gerald Ford in Grand Rapids, MI  read more

Top Talkers: Talks to Nowhere

Top Talkers: Talks to Nowhere

07/14/11 09:25AM

 Today with be the fifth consecutive White House meeting to try to reach a deal on raising the debt ceiling.  Without a resolution in site, House Speaker John Boehner is comparing the talks to Jell-O, saying, "some days it is firmer than others, sometimes it's like they've left it out over night."    But sources from both parties say yesterday was the most tense meeting yet with the big sparks coming from President Obama and House Majority Leader Eric Cantor. The main issue was reportedly Cantor's repeated push for a short-term deal on the debt limit. read more

Morning headlines: Thursday, July 14

07/14/11 06:22AM

Here's a look at stories we're following right now. What are you reading this morning? Deficit: Lawmakers to return to White House for talks today after Obama and Cantor reportedly battle it out over size of deal Moody's warns it could downgrade U.S. read more