Debt Deal: The White House's Perspective
President Obama and congressional leaders have settled on a deal to lift the federal debt limit. It involves deep spending cuts but no new taxes. The president said in a statement late Sunday that the compromise did not deliver him the deal he wanted. Congress must still vote on the legislation. Steve Inskeep speaks with David Plouffe, senior adviser to President Obama, on the White House's perspective on the debt deal.
Source: http://www.npr.org/2011/08/01/138884566/debt-deal-the-white-houses-perspective?ft=1&f=1014