Wednesday Briefing

Debt talks top the agenda in Carney’s session with reporters.

Highlights:

President called McConnell, Reid, Boehner and Pelosi to talk about deficit after the vote on Cut, Cap, and Balance.

“If both sides agree to something significant we will support measures needed to finalize details,” but there won’t be extension without “firm agreement” to something big.

Debate is about "closing loopholes and ending subsidies."

President has a meeting this afternoon with House and Senate leaders.