By Sam Youngman - 07/13/11 05:29 PM EDT
President Obama will continue to push Republicans to embrace a big deal to cut the deficit and raise the $14.3 trillion debt ceiling at a White House meeting on Wednesday.
White House press secretary Jay Carney said Obama would renew his push despite a rival plan presented Tuesday by Senate GOP Leader Mitch McConnellMitch McConnell9/11 bill is a global blunder that will weaken US efforts abroad States urged to bolster election security How the White House got rolled on the Saudi-9/11 bill MORE (Ky.) that would give authority for raising the ceiling to Obama.
Wednesday will be the fourth consecutive day in which Obama has met with congressional leaders to discuss the debt talks.
Carney did not back off Obama’s warning from Tuesday that he “cannot guarantee” that Social Security checks or other government aid will go out after Aug. 2 if the debt ceiling is not raised.
Carney said either Congress addresses the debt ceiling, or the U.S. defaults and “you have to make heinous choices about which bills to pay.”
He called McConnell’s suggestion an “acknowledgment” that “there is no alternative” to raising the debt ceiling, but added “this is not the preferred option.”