President Obama's 7-11-2011 News Conference on Deficit Reduction

President Obama's Deficit Reduction News Conference (via Whitehouse.Gov) on July 11, 2011. The President is holding fast on more taxes as a requirement for his approval of any plan to approve the Federal Debt Limit increase.

The U.S. Government debt limit (according to estimates) of $14,200,000,000,000 will be breached on August 2, 2011.

As of today, the U.S. Treasury's websites lists the U.S. Public Debt at $14,343,010,710,537.58.

Category:

News & Politics

Tags:

• President Obama
• 7-11-2011
• deficit reduction. debt
• ceiling