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Ladies and gentlemen, welcome to the White House. Thanks for coming to the daily briefing. Before I take your questions, I just wanted to anticipate one in particular and say that the breaking news report that you all have probably received is incorrect. There is no deal. We are not close to a deal. We are — obviously the President is in discussions with all the leaders of Congress, as well as other members, and exploring the possibility of getting the biggest deal possible, which is a position he has held for a long time now, as you know.
The fact is that there is no progress to report, but we continue to work on getting the most significant deficit reduction package possible, because we believe that it’s the right thing for the economy and that done in the right way, in a balanced way, it will be good for growth and good for job creation.
Q Filing break?
MR. CARNEY: You guys just tweeted it, right? I mean, isn’t that how it works?
With that, I’ll start — Ben.
Q Thanks, Jay. So —
Q Are there meetings today — before you start, Ben.
MR. CARNEY: I can say that I have nothing to announce in terms of scheduled meetings. As you know, this is a fluid situation. Yesterday I was able to announce a meeting, and then once another one had been scheduled was able to follow up with another announcement.
So right now we have nothing scheduled. But it’s certainly possible. What I can tell you is that discussions are ongoing over the phone, in person, with a variety of different participants, including obviously the President, the Vice President and others. And that will continue. And when we have an announcement to make in terms of potential meetings, I will be sure to announce and make that announcement.
Yes, Ben.
Q So you said you’re not close to a deal, and you also said there’s no progress to report. Did yesterday’s meetings yield any progress?
MR. CARNEY: Well, they were constructive and useful meetings. As you know, we’re not reading out in any detail the contents of the negotiations. But they were constructive and useful. And we are going through the process of examining what’s possible, what we can get, what can be done in a balanced way to achieve significant deficit reduction.
What is not in doubt is that Congress will act to ensure that the debt ceiling is raised and that we do not risk default. That is not in doubt. The only issue under discussion and debate right now is what kind of deficit reduction package can accompany a measure that would ensure that we do not, for the first time in our long history, default on our obligations.
Q Is it still a red line for the President that any grand deal include revenues?
MR. CARNEY: Yes, it is absolutely essential that any grand bargain, if you will, any significantly sized deficit reduction package be balanced; that it contain — that it address all the drivers of our long-term debt and our significant deficits, and that includes non-defense discretionary spending, which, as you know, is only 12 percent of our budget but we can make significant reductions there. We can make cuts that represent very tough choices in many ways for Democrats; we should do that. We can find savings in defense spending, and we must, and we can do that and we can find significant savings in defense spending and do it in a prudent way that ensures that we maintain our national security.
The fact is that there is no progress to report, but we continue to work on getting the most significant deficit reduction package possible, because we believe that it’s the right thing for the economy and that done in the right way, in a balanced way, it will be good for growth and good for job creation.
Q Filing break?
MR. CARNEY: You guys just tweeted it, right? I mean, isn’t that how it works?
With that, I’ll start — Ben.
Q Thanks, Jay. So —
Q Are there meetings today — before you start, Ben.
MR. CARNEY: I can say that I have nothing to announce in terms of scheduled meetings. As you know, this is a fluid situation. Yesterday I was able to announce a meeting, and then once another one had been scheduled was able to follow up with another announcement.
So right now we have nothing scheduled. But it’s certainly possible. What I can tell you is that discussions are ongoing over the phone, in person, with a variety of different participants, including obviously the President, the Vice President and others. And that will continue. And when we have an announcement to make in terms of potential meetings, I will be sure to announce and make that announcement.
Yes, Ben.
Q So you said you’re not close to a deal, and you also said there’s no progress to report. Did yesterday’s meetings yield any progress?
MR. CARNEY: Well, they were constructive and useful meetings. As you know, we’re not reading out in any detail the contents of the negotiations. But they were constructive and useful. And we are going through the process of examining what’s possible, what we can get, what can be done in a balanced way to achieve significant deficit reduction.
What is not in doubt is that Congress will act to ensure that the debt ceiling is raised and that we do not risk default. That is not in doubt. The only issue under discussion and debate right now is what kind of deficit reduction package can accompany a measure that would ensure that we do not, for the first time in our long history, default on our obligations.
Q Is it still a red line for the President that any grand deal include revenues?
MR. CARNEY: Yes, it is absolutely essential that any grand bargain, if you will, any significantly sized deficit reduction package be balanced; that it contain — that it address all the drivers of our long-term debt and our significant deficits, and that includes non-defense discretionary spending, which, as you know, is only 12 percent of our budget but we can make significant reductions there. We can make cuts that represent very tough choices in many ways for Democrats; we should do that. We can find savings in defense spending, and we must, and we can do that and we can find significant savings in defense spending and do it in a prudent way that ensures that we maintain our national security.
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