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Obama’s meeting with congressional leaders postponed to give Senate more time to negotiate

ABOVE: Speaking at a Washington DC charity Monday, President Obama said that if Republicans won’t cooperate, “we stand a good chance of defaulting.” 

WASHINGTON – President Barack Obama will meet with bipartisan congressional leaders at the White House Monday afternoon.

The leaders scheduled to attend are Senate Majority Leader Harry Reid, Senate Minority Leader Mitch McConnell, House Speaker John Boehner and House Minority Leader Nancy Pelosi. Vice-President Joe Biden is also scheduled to attend.

The last meeting between Obama and the congressional leaders was Oct. 2.

The White House says Obama will reiterate his desire for Congress to pass bills to reopen the government and raise the debt ceiling. The White House also says he will make clear that he “will not pay ransom” for lawmakers taking those steps.

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