President Obama holds meeting to find a way to cut spending

Monday, July 11, 2011 - 4:13pm

NATIONAL (FOX44) - President Obama was trying to rush photographers out of the room as he opened his second meeting in two days with congressional leaders.
The meeting was on how to cut spending, and raise the debt ceiling.
Both Democrats and Republicans now say the debt ceiling must be raised before august second, so the government can keep paying its bills.
Both sides agree they must cut the deficit over the next decade, but Democrats want some new tax revenues along with those cuts.
Republican leaders reject the idea of any new taxes.

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