11 July, 2011

CNN Breaking News

President Barack Obama has scheduled a news conference for 11 a.m. Monday to discuss efforts to to work out a deal to reduce the nation’s budget deficit.

The White House also announced that congressional leaders will return to the White House on Monday to continue talks on a deficit reduction deal and raising the government’s debt ceiling.

Obama, Vice President Joe Biden and top Republicans and Democrats from the House and Senate met for more than an hour on Sunday evening to discuss a deal.

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