WASHINGTON (CNN) - The White House made clear Tuesday that August 2 remains the deadline for Congress to extend the federal debt ceiling, with Press Secretary Jay Carney telling reporters "beyond that date, we lose our capacity to borrow."
Treasury Secretary Tim Geithner "has exercised all the wiggle room available to him" to extend the ability of the government to pay its bills since the nation hit its debt limit in May, Carney said.
Washington (CNN)– Despite rhetoric to the contrary, congressional negotiators recognize the need to raise the federal debt ceiling and that "there has to be a compromise" in deficit reduction talks with President Barack Obama, White House spokesman Jay Carney said Tuesday.
(CNN) - President Barack Obama has made a final decision on the rate of initial U.S. troop withdrawals from Afghanistan, White House Press Secretary Jay Carney confirmed Tuesday.
The president will keep his commitment to start a withdrawal in July, Carney said.
Carney claimed the United States has had "significant" success in meeting its military goals in Afghanistan.
"The process (under which the president's decision was made) was all about the mission that was laid out" by Obama in 2009, Carney said.
Washington (CNN) - Osama bin Laden was not armed when he was shot and killed by U.S. forces in the assault on his compound in Pakistan, White House Press Secretary Jay Carney said Tuesday.
The al Qaeda leader resisted the assault on his compound, Carney said, adding: "I think resistance does not require a firearm."FULL STORY
Washington (CNN) - White House Press Secretary Jay Carney said Tuesday that the fiscal year 2012 blueprint put forward by House Budget Committee Chairman Paul Ryan, R-Wisconsin, "fails the test of balance, and balance is essential."
Ryan's plan puts the burden of balancing the budget on seniors, the middle class and the disabled while failing to ask for more from the richest Americans, Carney said.
President Barack Obama is scheduled to give a speech Wednesday outlining his new deficit reduction plan.
(CNN) - White House Press Secretary Jay Carney warned Monday that a failure to raise the debt ceiling would be "Armageddon-like in terms of the economy."
"We do not need to play chicken with our economy," Carney said.
NEW YORK (CNNMoney) - The Obama administration has been talking about corporate tax reform a lot lately. And so it was on Friday - but not through prepared bullet points.
Reporters peppered White House Press Secretary Jay Carney with questions about a story in the New York Times detailing the efforts of General Electric to avoid paying taxes.FULL STORY
Washington (CNN) - With a wish of good luck from his boss, new White House Press Secretary Jay Carney held his first briefing Wednesday and came off very much like the man he replaced.
"Thank you very much," Carney said to greetings of welcome from former journalist colleagues in the White House press corps. "I'm glad to be here."FULL STORY
Washington (CNN) - White House aides have been quietly preparing incoming Press Secretary Jay Carney for his briefing debut next week.
CNN has learned that the process, led by deputy spokesman Bill Burton and Josh Earnest, who had both been in the running for the press secretary job, has been exhaustive.
Washington (CNN) – White House Spokesman Robert Gibbs said Monday that Friday will be his last day on the job. Gibbs announced his decision to leave in January. He will continue as an adviser to the president after he leaves the White House.
Jay Carney, the current communications director for Vice President Joe Biden, will succeed him at the podium.