President Obama Announces Debt Crisis Agreement Between Leaders Of Both Parties
In what we’ve been led to believe to be the eleventh hour, 59th minute and 59th second before financial meltdown, President Obama announced a compromised deal tonight on a debt crisis resolution that has been agreed upon by party leaders of both chambers. How dire was the debt situation which led to the Sunday night announcement of this apparent resolution? All broadcast networks interrupted prime time programming to air the presidential speech, which you can watch below in its entirety.
“There are still some very important votes to be taken by members of congress” Obama opened before adding “but I want to announce that the leaders of both parties in both chambers have reached an agreement that will reduce the deficit and avoid default, the default that would have had a devastating affect on our economy.” Obama then outlined cuts in domestic spending and announced the establishment of a bipartisan committe to report back by November with a proposal on how best to reduce the deficit.
A compromise or kicking the can down the road to November? This will be the topic of conversation on cable news for the weeks and months to come. Watch the president’s comments below, courtesy of Fox News:
Sign up for Mediaite's daily newsletter.
-
Anonymous
-
http://www.facebook.com/people/Bill-Adkins/1585417987 Bill Adkins
-
Anonymous
-
Anonymous
-
nancillarypeloslinton
-
Terriagatha
-
Anonymous
-
Anonymous
-
nancillarypeloslinton
-
http://www.facebook.com/people/Bill-Adkins/1585417987 Bill Adkins
-
Re-Elect Obama 2012
-
Anonymous
-
http://www.facebook.com/people/Bill-Adkins/1585417987 Bill Adkins
-
nancillarypeloslinton
-
Moderate
-
BLUEBUNNY
-
BLUEBUNNY
-
nancillarypeloslinton
-
Anonymous
-
Anonymous
-
Anonymous
-
http://www.facebook.com/people/Bill-Adkins/1585417987 Bill Adkins
-
nancillarypeloslinton
-
realheadline
-
Anonymous
-
http://www.facebook.com/people/Bill-Adkins/1585417987 Bill Adkins
-
realheadline
-
Anonymous
-
Anonymous
-
nancillarypeloslinton
-
Anonymous
-
Anonymous
-
Anonymous
-
Anonymous
-
John
-
nancillarypeloslinton
-
http://www.facebook.com/profile.php?id=1431811538 Josh Kim
-
http://www.facebook.com/profile.php?id=1431811538 Josh Kim
-
John
-
nancillarypeloslinton
-
http://pulse.yahoo.com/_FSPIVAFYI672OH5NOKVRTEZA4U MadCharles
-
http://pulse.yahoo.com/_FSPIVAFYI672OH5NOKVRTEZA4U MadCharles
-
Republicans are Liars
-
realheadline
-
Republicans are Liars
-
Moderate
-
Anonymous
-
nancillarypeloslinton
-
Glenn Bovine
-
Republicans are Liars
-
Republicans are Liars
-
nancillarypeloslinton
-
nancillarypeloslinton
-
Anonymous
-
realheadline
-
Anonymous
-
http://pulse.yahoo.com/_CQWUTBF2KSSVOXCR4PSN66L2PM James
-
Anonymous
-
nancillarypeloslinton
-
http://pulse.yahoo.com/_CQWUTBF2KSSVOXCR4PSN66L2PM James
-
http://pulse.yahoo.com/_FSPIVAFYI672OH5NOKVRTEZA4U MadCharles
-
nancillarypeloslinton
-
Anonymous
-
Anonymous
-
http://www.facebook.com/profile.php?id=1431811538 Josh Kim
-
qwerty
-
Anonymous
-
Anonymous
-
Anonymous
-
http://www.constitutionallibertarian.co.cc/ DavidKramer
-
Anonymous
-
Moderate
-
nancillarypeloslinton
-
Michelle
-
http://www.facebook.com/profile.php?id=1431811538 Josh Kim
-
Michelle
-
BLUEBUNNY
-
Glenn Bovine
-
Michelle
-
http://www.facebook.com/profile.php?id=1431811538 Josh Kim
-
Michelle
-
Michelle
-
Anonymous
-
realheadline
-
Anonymous
-
BLUEBUNNY
-
Michelle
-
http://twitter.com/Staciisa_bitch Staci Chase
-
http://www.facebook.com/profile.php?id=1431811538 Josh Kim
-
Anonymous
-
Michelle
-
nancillarypeloslinton
-
Cain
-
Anonymous
-
Anonymous
-
Cain
-
Anonymous
-
Anonymous
-
Anonymous
-
realheadline
-
nancillarypeloslinton
-
BLUEBUNNY
-
Anonymous
-
Anonymous
-
http://twitter.com/Staciisa_bitch Staci Chase
-
http://www.facebook.com/profile.php?id=1431811538 Josh Kim
-
Anonymous
-
Anonymous
-
http://www.facebook.com/profile.php?id=1431811538 Josh Kim
-
Anonymous
-
nancillarypeloslinton
-
nancillarypeloslinton
-
http://www.facebook.com/profile.php?id=1431811538 Josh Kim
-
Anonymous
-
nancillarypeloslinton
-
realheadline
-
nancillarypeloslinton
-
nancillarypeloslinton
-
Anonymous
-
Anonymous
-
Anonymous
-
Anonymous
-
Anonymous
-
Anonymous
-
Moderate
-
Anonymous
-
Anonymous
-
Anonymous
-
nancillarypeloslinton
-
Anonymous
-
nancillarypeloslinton
-
nancillarypeloslinton
-
nancillarypeloslinton
-
http://www.constitutionallibertarian.co.cc/ DavidKramer
-
BLUEBUNNY
-
Anonymous
-
dennyf51
-
Nancillary Peloslinton
-
Michelle
-
Michelle
-
Michelle
-
Michelle
-
Dflojak
-
Michelle
-
Anonymous
-
Nancillary Peloslinton
-
insideguy
-
Anonymous
-
Nancillary Peloslinton
-
dennyf51
-
Anonymous
-
Moderate
-
dennyf51
-
Anonymous
-
Terriagatha
-
dennyf51
-
Anonymous
-
BLUEBUNNY
-
Anonymous
-
Anonymous
-
dennyf51
-
dennyf51
-
Michelle
-
dennyf51
-
Anonymous
-
Anonymous
-
Anonymous
-
Anonymous
-
Anonymous
-
Anonymous
-
BLUEBUNNY
-
Anonymous
-
The Dweller Ysul
-
Anonymous
-
Anonymous
-
Anonymous
-
Anonymous
-
BLUEBUNNY
-
Anonymous
-
Anonymous
-
Anonymous
-
realheadline
-
realheadline
-
Harry
-
Anonymous
-
Anonymous
-
Anonymous
-
realheadline
-
BLUEBUNNY
-
Anonymous
-
realheadline
-
Resident of 0bomberVille
-
Anonymous
-
realheadline
-
Anonymous
-
Anonymous
-
realheadline
-
insideguy
-
realheadline
-
insideguy
-
Anonymous
-
insideguy
-
http://pulse.yahoo.com/_ECYBIXNKAG5E46BC3GCJQPA7CQ well_its_no_cannibal_holocaust
-
Anonymous
-
http://pulse.yahoo.com/_ECYBIXNKAG5E46BC3GCJQPA7CQ well_its_no_cannibal_holocaust
-
Anonymous
-
Anonymous
-
Anonymous
-
Anonymous
-
Anonymous
-
Anonymous
-
http://pulse.yahoo.com/_ECYBIXNKAG5E46BC3GCJQPA7CQ well_its_no_cannibal_holocaust
-
Anonymous
-
Anonymous
-
Anonymous
-
Anonymous
-
Darladoon
-
Darladoon
-
Anonymous
-
insideguy
-
Anonymous
-
Anonymous
-
http://pulse.yahoo.com/_ECYBIXNKAG5E46BC3GCJQPA7CQ well_its_no_cannibal_holocaust
-
http://pulse.yahoo.com/_ECYBIXNKAG5E46BC3GCJQPA7CQ well_its_no_cannibal_holocaust
-
Anonymous
-
Anonymous
-
Anonymous
-
Anonymous
-
Anonymous
-
Anonymous
-
Anonymous
-
Anonymous
-
Anonymous
-
Anonymous
-
Anonymous
-
insideguy
-
Anonymous
-
Anonymous
-
Anonymous
-
http://twitter.com/BarneyFranken Barney Frankenstein
-
http://pulse.yahoo.com/_ZOIMLIPRB2LC2AL5SOURAL4DJ4 Womiktorn Smith
-
Harry
-
Anonymous
-
Anonymous
-
Anonymous
-
Anonymous
-
Anonymous
-
Anonymous
-
Anonymous
-
Michelle
-
Michelle
-
Michelle
-
Michelle
-
Michelle
-
Michelle
-
Anonymous
-
K0rka
-
K0rka
-
K0rka
-
HawkCW4
-
Michelle
-
nancillarypeloslinton
-
Anonymous
-
http://twitter.com/BarneyFranken Barney Frankenstein
-
HawkCW4
-
Morgan_Said
-
Morgan_Said
-
maryblue
When Did David Letterman Become Such A Liberal Partisan?
More TV:
















Explicit Image Of S.E. Cupp (It’s A Fake) In Hustler Magazine Sparks Outrage
Who Should Be On Next Season’s Celebrity Apprentice? A Mediaite Wish List
Letterman Confronts O’Reilly: ‘Why Doesn’t The Current President Get More Credit?’
The Uncanniest Cable News Doppelgangers
Penn Jillette Revisits Obama Drugs Rant On Hannity
Explicit Image Of S.E. Cupp (It’s A Fake) In Hustler Magazine Sparks Outrage
MSNBC Primetime Makes Zero Mentions Of Trayvon Martin Case After Pro-Zimmerman Evidence Surfaces
Conservative Teen Opens Up About ‘Vile, Vulgar’ Reaction To Her Video On Gay Marriage
MSNBC’s Ed Schultz: Is Birtherism ‘Just Another Form Of Racism?’
Yet Another Survey: Fox News Viewers Worst-Informed, NPR Listeners Best-Informed










RSS