Obama, Senate GOP meet as debt crisis looms

Can Democrats and Republicans agree on terms to increase the amount of money the federal government is allowed to borrow, before Washington defaults on its financial obligations?

That question -- dry perhaps, but important to your bottom line -- took center stage once again Thursday as President Barack Obama met behind closed doors at the White House with Senate Republicans.

The president met Wednesday with Senate Democrats.

White House Press Secretary Jay Carney described Obama's meeting with the Republicans as a "productive" step forward in finding "common ground." Senate Minority Leader Mitch McConnell, R-Kentucky, said there had been a "candid exchange" of views.

Source: http://rss.cnn.com/~r/rss/cnn_allpolitics/~3/37bD0C8bCr4/index.html

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