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Entries in default (3)

Tuesday
Aug022011

Carney: Cooler Heads Prevailed

White House Press Secretary Jay Carney says that the American people were rightfully appalled by politicians trying to advance specific political agendas while allowing the U.S. to possibly default.  (0:53)

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Friday
Jul152011

President Obama: We Shouldn’t Be This Close To Deadline  

President Barack Obama speaks to reporters at a White House press conference saying that all congressional leaders agree that the U.S. cannot default on their obligations. He also reiterated that this matter should have been taken care of earlier, as Congress has run up the credit, and now has pay the bills.  (0:43)

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Thursday
Jul142011

Carney: U.S. Will Not Default On Its Obligations

White House Press Secretary Jay Carney says the President is committed to finding a bipartisan compromise  and though he is not satisfied with the suggested provisions, all parties recognize that the U.S. cannot default on its financial obligations. (0:35)

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