Well, that's that. Debt talks at White House already over. Meeting lasted about 90 minutes.

[jefferson_dem]

http://twitter.com/#!/thinkprogress/statuses/90202395094695936

I'm sure it was highly productive. :)

UPDATE: admin official tells me they're coming back tomorrow http://twitter.com/#!/samyoungman/statuses/90206911684808704

[derby378]

1. And the losers are - drum roll, please - US

If Obama has thrown Social Security to the wolves, he's gonna have a hard time in 2012.

[gateley]

2. And what if he hasn't? Why don't we see what transpired first, and

how it's received by the House and Senate?

But in theory, I agree. It's would be the kiss of death for any politician, IMO.

[babylonsister]

5. If, if, if, w/o any facts. Lovely negativity. nt

[Loge23]

3. Who left the WH?

Or was that also part of the deal?

[mdmc]

4. Is there any chance at all of a default?

I mean, I don't see any chance at all//

[derby378]

6. The Repukes know if they allow a default, it's their ass in 2012

Just like when they shut down the government in 1995. Next year, Bill Clinton squaked out a victory over Bob Dole, and Republican gains in the House and Senate were blunted.

[high density]

7. No

As Mr. Obama arrived from Camp David for the Sunday evening session, he appeared to have made headway in at least one regard: lawmakers from both parties pledged not to let the United States default on its debt — something the Treasury said will happen after Aug. 2, when the government loses its authority to borrow — and which could send shockwaves through the markets and the economy.

http://www.nytimes.com/2011/07/11/us/politics/11debt.html