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Summary Obama pressed for congress to compromise in order to push through an agreement.
With a deadline to lift the US debt ceiling, he also attempted to dispel notions that both parties are at complete odds over the issue.“We agree on a process where the next step is a debate in the coming months on tax reform and entitlement reform and I am ready and willing to have that debate. If we need to put in place some sort of enforcement mechanism to make us all accountable for these reforms, Ill support that too if it is done in a smart and balanced way. There are plenty of ways out of this mess but we are almost out of time”.Obama acknowledged the need for a bipartisan solution and warned a default could hurt the US economy.
