Good morning from The Oval. On this day in 2005, President George W. Bush nominated John Roberts for the U.S. Supreme Court.
Senate leaders, meanwhile, are developing a plan that would allow Obama to raise the debt ceiling on his own, while also accepting a package of budget cuts.
It's a light public schedule so far for President Obama, as he and aides watch Congress wrestle with efforts to raise the $14.3 trillion debt ceiling. The president has a string of private meetings, but no public appearances.A new USA TODAY/Gallup Poll shows low ratings for Obama and Congress on the debt talks, writes Susan Page and Mimi Hall of USA TODAY.
The parties are seeking an agreement by Aug. 2 -- two weeks from today -- when the Treasury Department loses borrowing authority and faces default.
A year after passage, Obama's new financial transaction rules are still under fire.
We're all in the clear here at The Oval as report on Obama's deal. so please join us in the hours ahead. And have a good day.
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