Congressional Democratic leaders are headed back to the White House on Wednesday for more talks on raising the debt ceiling.
White House press secretary Jay Carney announced House and Senate Democratic would meet with President Obama at the White House at 2:50 p.m.
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After the release of a new proposal Tuesday by the bipartisan Senate Gang of Six, Obama told reporters it was time for leaders to "talk turkey" and work to reach a deal.
Lawmakers and the White House face an Aug. 2 deadline for raising the $14.3 trillion debt ceiling.
This story was updated at 2:35 p.m.