WASHINGTON - JULY 7: U.S. President Barack Obama (3rd R) meets with congressional leaders including Senate Minority Leader Mitch McConnell (R-KY), Senate Majority Leader Harry Reid (D-NV) (2nd R), ... more 
WASHINGTON - JULY 7: U.S. President Barack Obama (3rd R) meets with congressional leaders including Senate Minority Leader Mitch McConnell (R-KY), Senate Majority Leader Harry Reid (D-NV) (2nd R), House Speaker John Boehner (R-OH) (C), House Minority Leader Nancy Pelosi (D-CA) (3rd L), House Majority Leader Eric Cantor (R-VA) (2nd L) and House Minority Whip Steny Hoyer (D-MD) 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 vy Andrew Harrer-Pool/Getty Images) less 
1 / 28
Getty Images | Photo By Pool / Getty Images
Thu, Jul 7, 2011 12:29 PM EDT