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Obama Debt Showdown__Live.jpg

President Obama and House Speaker John A. Boehner take part in a meeting at the White House on July 14, 2011, with Republican and Democratic leaders regarding the debt ceiling. (Associated Press)

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Obama Debt Showdown_Live(3).jpg

President Obama makes an opening statement on the ongoing budget negotiations before a press conference at the White House on July 15, 2011. (Associated Press)

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Obama Debt Showdown_Live(2).jpg

President Obama makes an opening statement on the ongoing budget negotiations before a press conference at the White House on July 15, 2011. (Associated Press)

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Obama Debt Showdown_Live.jpg

From left: President Obama, Senate Majority Leader Harry Reid, Nevada Democrat, Senate Minority Leader Mitch McConnell, Kentucky Republican, and Senate Majority Whip Richard Durbin, Illinois Democrat, meet in the Cabinet Room of the White House on July 13, 2011, regarding the debt ceiling. (Associated Press)

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APTOPIX Obama Debt Sh_Live.jpg

President Obama sits with House Speaker John Boehner (left), Ohio Republican, Senate Minority Leader Mitch McConnell (second from right), Kentucky Republican, and Sen. Dick Durbin, Illinois Democrat, as he meets on July 13, 2011, with Republican and Democratic leaders regarding the debt ceiling in the Cabinet Room of the White House. (Associated Press)

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Obama Medal of Honor_Live.jpg

**FILE** President Obama acknowledges family members and friends of U.S. Army Sgt. First Class Leroy Arthur Petry of Santa Fe, N.M., during a ceremony at the White House during which Petry was awarded the Medal of Honor for his valor in Afghanistan. (Associated Press)

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ASSOCIATED PRESS President Obama greets Sgt. 1st Class Leroy Arthur Petry before awarding him the Medal of Honor during a ceremony in the East Room of the White House on Tuesday. Sgt. Petry is the ninth service member to have been named a recipient of the Medal of Honor for actions in Afghanistan and Iraq.

Obama Debt Showdown_Live.jpg

Obama Debt Showdown_Live.jpg

President Obama meets Monday at the White House with House Speaker John A. Boehner, Ohio Republican, for talks aimed at a deal on debt reduction. (Associated Press)

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APTOPIX Obama Debt Sh_Live.jpg

President Obama talks about the ongoing budget negotiations on July 11, 2011, in the briefing room of the White House. (Associated Press)

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Obama Debt Showdown_Lea(2).jpg

President Obama talks about the ongoing budget negotiations during a press conference in the briefing room of the White House in Washington on Monday, July 11, 2011. (AP Photo/Charles Dharapak)

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Obama Debt Showdown_Lea.jpg

President Obama talks about the ongoing budget negotiations on Monday, July 11, 2011, in the press briefing room of the White House in Washington. (AP Photo/Pablo Martinez Monsivais)

APTOPIX Obama Economy_Live(2).jpg

APTOPIX Obama Economy_Live(2).jpg

President Obama heads to the Oval Office after making a statement about the unemployment numbers in the Rose Garden of the White House on July 8, 2011. (Associated Press)

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Obama Economy_Live.jpg

President Obama delivers a statement on the monthly jobs report on July 8, 2011, in the Rose Garden of the White House. (Associated Press)

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Sen. Orrin Hatch, R-Utah, ranking Republican on the Senate Finance Committee, center, speaks during a news conference on Capitol Hill in Washington, Thursday, June 30, 2011, to charge the Obama Administration of political tactics that undermine pending trade agreements with Colombia, Panama and South Korea. From left are: Sen. Michael B. Enzi, R-Wyo.; Senate Minority Whip Jon Kyl of Ariz.; Hatch; Sen. John Thune, R-S.D.; and Sen. Pat Roberts, R-Kan. (Associated Press)

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Obama Debt Showdown_Lea(2).jpg

President Obama, followed by White House press secretary Jay Carney, arrives at the press briefing room of the White House in Washington on Thursday, July 7, 2011, to talk about the ongoing budget negotiations. (AP Photo/Pablo Martinez Monsivais)

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Outback Play Systems in Chantilly sells Rainbow Play Systems, a popular brand purchased by the Obama family. John Gray, owner of Outback, suggests getting a set that can grown with the family.

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Obama Twitter Town Ha_Star.jpg

President Barack Obama sits with Twitter co-founder and Executive Chairman Jack Dorsey during a "Twitter Town Hall" in the East Room of the White House in Washington, Wednesday, July 6, 2011. (AP Photo/Charles Dharapak)

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Obama_Live.jpg

President Obama makes a statement to reporters about debt ceiling negotiations on July 5, 2011, at the White House. (Associated Press)

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President Obama on Tuesday talks with reporters about debt-ceiling negotiations. Regarding a short-term fix, he said: "I don't share that view." (Associated Press)