American Morning

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July 6th, 2011
10:55 AM ET

Who is to blame for the current stalemate in debt ceiling negotiations?

President Obama spoke about the budget negotiations yesterday, saying that he is against any short-term deals. He has invited the congressional leadership to the White House tomorrow to start hashing out a deal, putting new pressure on lawmakers to raise the debt ceiling.

David Frum, editor of and Megan McArdle, business and economics editor for The Atlantic join Ali Velshi on American Morning today to talk about who is to blame for the stalled budget negotiations and to weigh in on whether or not the parties will be able to come together to make a deal.

Filed under: Budget • Debt • Debt ceiling • Politics
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