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Watch the President's News Conference at 11:00 a.m. ET

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Starting at 11:00 a.m. ET this morning, President Obama will hold a press conference on the status of negotiations to reduce the deficit and grow our economy. He and Vice President Biden have been meeting every day with Congressional leaders to craft a path forward that finds a balanced solution to these objectives ahead of the August 2nd deadline for government default.

Watch the President's press conference online starting at 11:00 a.m. ET at whitehouse.gov/live.

Also, be sure to check back later for more coverage of the event.