Good evening. I'm John Boehner. I serve as Speaker of the whole House — of the members of both parties that you elect. These are difficult times in the life of our nation. Millions are looking for work, have been for some time, and the spending binge going on in Washington is a big part of the reason why.
Moments after the president's remarks, House Speaker John Boehner made the case for the Republican plan to raise the debt ceiling.
Decrying a "partisan three-ring circus" in the nation's capital, President Obama criticized a newly minted Republican plan to avert an unprecedented government default Monday night and said congressional leaders must produce a compromise that can reach his desk before the Aug. 2 deadline.
"The American people may have voted for divided government, but they didn't vote for a dysfunctional government," the president said in a hastily arranged prime-time speech. He appealed to the public to contact lawmakers and demand "a balanced approach" to reducing federal deficits.
President Barack Obama and House Speaker John Boehner of Ohio, take part in a meeting in the Cabinet Room of the White House.
With the full faith and credit of the United States on the line, President Obama will make his case to the American people in a prime-time address to the nation. Earlier today, House and Senate leaders each formally presented their plans to raise the debt ceiling in time to avoid the Aug. 2 deadline by which if a deal is not reached, the country would default on its debt for the first time in history.
President Obama will speak at 9 p.m. ET. Two minutes after his speech, Speaker Boehner will give his own address. We will blog both of them live, so hit refresh often.
The Federal Aviation Administration has stopped work on air travel infrastructure projects across the United States after Congress failed to pass legislation re-authorizing federal ticket taxes. The taxes fund the building airport facilities such as control towers and runways.
The FAA issued a statement Monday saying, in part, that the halt in work would end up costing the government more money in the long run:
In this Oct. 2, 2010 file photo provided by the Willamette Week newspaper, Rep. David Wu wears a tiger costume in Portland, Ore.
In the wake of allegations that Rep. David Wu (D-Ore.) engaged in unwanted sexual activity with the teenage daughter of a donor, Democratic leaders in the House quickly called for an ethics investigation. Others called for Wu's immediate resignation from office. On Monday there were reports that Wu would not seek re-election, but would not resign either.