Washington, DC
Wednesday, July 20, 2011
Press Secretary Jay Carney said at the daily White House briefing that “there is still time to do something significant” on reaching a deficit reduction agreement before for U.S. reaches the August 2nd deadline to raise the debt ceiling and avoid going into default. Mr. Carney also said that the White House is “enthusiastic” about a deficit reduction plan put forward on Tuesday by a bipartisan group of Senators known as the Gang of Six.
Updated:
Wednesday at 5:34pm (ET)