White House Lauds Debt Ceiling Compromise

Tuesday, August 02, 2011

US President Barack Obama takes part in a meeting with congressional leaders July 7, 2011 in the Cabinet Room of the White House in Washington, DC. (Mandel Ngan/AFP/Getty)

After weeks of a bitter standoff, Congress and the White House have finally reached a deal on how to raise the debt ceiling in the 11th hour. The deal was passed by the House of Representatives on Monday evening and is expected to pass the Senate early Tuesday afternoon. But some question whether the President conceded too much in the debate, and if the administration is calling this compromise a victory. For a perspective from the White House, we talk with Jennifer Psaki, White House Deputy Communications Director.


Jen Psaki

Produced by:

Arwa Gunja

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