Obama Walks Out Of Tense Debt Ceiling Meeting: Reports

President Barack Obama walked out of a contentious meeting in ongoing talks to raise the nation's debt limit on Wednesday, an aide tellsReuters.

Politico reports that House Majority Leader Eric Cantor said the president stormed out of the negotiating session with top congressional lawmakers.

The Hill reports that House Minority Leader Nancy Pelosi disputed Cantor's account of what occurred at the end of the meeting.

HuffPost's Jen Bendery reported earlier in the day:

The White House on Wednesday closed the door a little more on the debt proposal being floated by Senate Minority Leader Mitch McConnell (R-Ky.), a measure already under siege by conservatives.

"This is not a preferred option," White House Press Secretary Jay Carney said of McConnell's proposal in his daily briefing.

McConnell's proposal for avoiding debt default -- to transfer full power to raise the debt ceiling to the White House for the remainder of Obama's current term, cutting Congress out of the process -- does nothing to address deficit reduction, Carney said. And Obama is set on making sizable cuts.

Posted in: Huffpost