U.S. President Barack Obama (C) host Congressional leaders (L-R) Minority Leader Nancy Pelosi (D-CA), Speaker of the House John Boehner (R-OH), Senate Majority Leader Harry Reid (D-NV) and Senate Minority Leader Mitch McConnell (R-KY) for a meeting in the Cabinet Room at the White House July 14, 2011 in Washington, DC. Obama and the Congressional leaders are working to strike a deal to raise the debt limit while controlling spending in the federal budget.