22
May
Oval Office 5:44 P.M. EDT THE PRESIDENT: Well, I’m glad the Speaker is here today. We — we’re optimistic we may be able to make some progress because we both agree that we — default is not really on the table; we got to get something done here. And the consequence of failing to pay our bills would be the American people would have a real kick in their econ- — economic well-being. As a matter of fact, the rest of the world would too. And so we also agree we need to reduce the deficit. And I might add,…