Debt-Ceiling Talks Press On
by: Andrea Seabrook, NPR, July 8, 2011 3:07:00 am
In less than four weeks, the U.S. government could go into default on some of its debts. President Obama has been spending a lot of time talking to lawmakers. On Thursday, he gathered Congress's top brass in a White House conference room to lay the groundwork for what he hopes will be a final deal, which would get the federal budget under control, and raise the debt limit before that default-deadline.