Obama Cancels Appearance at Fundraisers as Debt Crisis Remains Unresolved

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President Obama will no longer headline two political fundraisers in Washington Monday as the White House and Congress continue their battle over the terms of raising the U.S. debt ceiling.

As the threat of default grows increasingly worrisome ahead of the August 2nd default deadline, the White House appears to have thought the better of going forward with the fundraisers either for fear of the image it would portray or perhaps so the president can remain readily engaged in talks.

At this point, there are no meetings with Congressional leaders on the president's schedule following a weekend of unsuccessful negotiations.

The two fundraisers, organized by the Democratic National Committee, were on the president's "Week Ahead" schedule last week, but when the finalized schedule for Monday was released, the fundraisers were taken off.

Chad Pergram 25 Jul, 2011


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Source: http://politics.blogs.foxnews.com/2011/07/25/obama-cancels-appearance-fundraisers-debt-crisis-remains-unresolved
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