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Obama To Speak: Reid Says Deal Reached Obama To Speak: Reid Says Deal Reached

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Congress / DEBT TALKS

Obama To Speak: Reid Says Deal Reached

July 31, 2011

President Obama will deliver a statement to the press at 8:40 p.m. from the briefing room, the White House said Wednesday night. The statement will come while House Speaker John Boehner, R-Ohio, is scheduled to be speaking to House Republicans about a possible deal to raise the debt ceiling.

Senate Majority Leader Harry Reid, D-Nev. and Minority Leader Mitch McConnell, R-Ky., said a deal has been reached to raise the debt ceiling and cut spending.

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