Obama Holds News Conference On Status Of Deficit Reduction Talks

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US President Barack Obama speaks during a news conference in the... News PhotoBarack Obama,Communication,Government,Horizontal,International Landmark,James Brady Press Briefing Room,One Person,People,Politics,Press Room,Talking,US President,USA,Washington DCPhotographer Collection: AFP 2011 AFPUS President Barack Obama speaks during a news conference in the Brady Press Briefing Room at the White Houes in Washington, DC, July 11, 2011. Obama was due to meet with Congressional leaders for the second straight day Monday, after 75 minutes of talks Sunday evening failed to reach an agreement on the debt limit. Obama said Monday it was 'not acceptable' for the United States to default on its debt and vowed to meet with congressional leaders every single day to forge a deal. AFP PHOTO / Saul LOEB (Photo credit should read SAUL LOEB/AFP/Getty Images)