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Obama uses another press conference to send reassuring signals about a debt solution.

Still wants big, “ambitious” deal.

Says McConnell plan helpful to “avert Armageddon” but not enough.


“We should not be asking sacrifices…from the most vulnerable in our society.”

“I am still pushing for us to achieve a big deal….but if we can’t do the biggest deal possible, then let’s still be ambitious.”

“We don’t need a BBA. We simply need to make these tough choices.”

Choices needed to achieve deal “don’t require us to gut Medicare and Social Security.”

Says McConnell’s plan is helpful to “avert Armageddon” but it doesn’t solve broader debt, deficit plan.

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