WASHINGTON - JULY 7: U.S. President Barack Obama (C) meets with congressional leaders including Senate Majority Leader Harry Reid (D-NV) (R) and House Speaker John Boehner (R-OH) (C) in the Cabinet ... more 
WASHINGTON - JULY 7: U.S. President Barack Obama (C) meets with congressional leaders including Senate Majority Leader Harry Reid (D-NV) (R) and House Speaker John Boehner (R-OH) (C) in the Cabinet Room of the White House July 7, 2011 in Washington, D.C. The Obama administration and congressional leaders are attempting to hammer out a deal that would lower the deficit as a House Republican majority stipulation for a vote on increasing the nation's debt ceiling. (Photo by Andrew Harrer-Pool/Getty Images) less 
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Thu, Jul 7, 2011 12:17 PM EDT