No Deal Yet, Speech Imminent

by Andrew Stiles

White House debt talks ended without a deal Thursday, as negotiators resolved not to meet again on Friday. Instead, President Obama will hold a press conference at 11 a.m., presumably to “take it to the American people” as he warned House Majority Leader Eric Cantor (R., Va.) he would do if Cantor “called his bluff.” Meanwhile, House Republicans and Democrats will hold conference meetings tomorrow morning to assess the state of the negotiations. Upon returning to the Capitol on Thursday, Senate Minority Leader Mitch McConnell (R., Ky.) said the meeting went well and that congressional leaders will continue to “discuss the way forward” and “see what happens.”