President Barack Obama talks on the phone with House Minority Leader Nancy Pelosi in the Oval Office to discuss ongoing efforts in the debt limit and deficit reduction talks, Sunday, July 31, 2011. Pictured, from left, are: Phil Schiliro; Assistant to the President and Special Advisor; Senior Advisor David Plouffe; Nancy-Ann DeParle, Deputy Chief of Staff for Policy; Bruce Reed, Chief of Staff to the Vice President; Rob Nabors, Assistant to the President for Legislative Affairs; and Vice President Joe Biden.

President Barack Obama talks on the phone with House Minority Leader Nancy Pelosi in the Oval Office to discuss ongoing efforts in the debt limit and deficit reduction talks, Sunday, July 31, 2011. Pictured, from left, are: Phil Schiliro; Assistant to the President and Special Advisor; Senior Advisor David Plouffe; Nancy-Ann DeParle, Deputy Chief of Staff for Policy; Bruce Reed, Chief of Staff to the Vice President; Rob Nabors, Assistant to the President for Legislative Affairs; and Vice President Joe Biden.