President Barack Obama will hold a press conference today at 2:00 PM ET. He will be talking about the Republican-led shutdown of the federal government, and he will be taking questions from reporters.
UPDATE: Full Text and Video of Speech–
Obama: GOP Views ‘Out Of Touch With Reality — We Can’t Make Extortion Routine’
Earlier today, “the President telephoned Speaker John Boehner from the Oval Office and repeated what he told him when they met at the White House last week: the President is willing to negotiate with Republicans — after the threat of government shutdown and default have been removed – over policies that Republicans think would strengthen the country,” a readout of the President’s call from the White House Press Secretary’s Office notes. “The President also repeated his willingness to negotiate on priorities that he has identified including policies that expand economic opportunity, support private sector job creation, enhance the competitiveness of American businesses, strengthen the Affordable Care Act and continue to reduce the nation’s deficit.”
“The President urged the Speaker to hold a vote in the House of Representatives on the Senate-passed measure that would re-open the federal government immediately. Citing the Senate’s intention to pass a clean, yearlong extension of the debt limit this week, the President also pressed the Speaker to allow a timely up-or-down vote in the House to raise the debt limit with no ideological strings attached. He noted that only Congress has the authority to raise the debt limit and failure to do so would have grave consequences for middle class families and the American economy as a whole.”
Return here at 2:00 PM ET for the scheduled start of this very important press conference.
If you’re unable to join us live, return here later this afternoon for the complete video and transcript as soon as they are available.
http://www.whitehouse.gov/sites/default/modules/wh_multimedia/EOP_OVP_player.swf