Remarks by President Obama on the Status of Debt Ceiling Negotiations (Video/Text)

Washington, DC–(ENEWSPF)-July 29, 2011- This morning, President Obama spoke on the status of the debt ceiling negotiations from the Diplomatic Reception Room at the White House. The President urged Republicans and Democrats in Congress to find a bipartisan solution to avoid default that he can sign by Tuesday. Though we are almost out of time, the President made it clear that there are multiple ways to resolve this problem:

THE PRESIDENT: Good morning, everybody. I want to…