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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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)
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)
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)