President Obama has called congressional leaders to the White House in an attempt to break the stalemate over a proposed increase the nation’s debt ceiling. Obama’s said he is confident a deal can be reached.

President Obama: “I’ve asked leaders of both parties and both houses of Congress to come here to the White House on Thursday so we can build on the work that’s already been done and drive towards a final agreement. It’s my hope that everybody is going to leave their ultimatums at the door, that we’ll all leave our political rhetoric at the door, and that we’re going to do what’s best for our economy and do what’s best for our people.”