`` Instead of pursuing an empty political statement and unrealistic policy goals , it is necessary to move beyond politics as usual and find bipartisan common ground , '' the statement read . NEW : White House spokesman says all the leaders in the talks agree on the need for a deal . Congress will vote this week on the White House `` cut , cap and balance '' plan , aides say . GOP will veto the GOP `` cut , cap , and balance '' plan if it reaches his desk . Washington must raise its more than $ 250,000 debt ceiling by this week or risk a default .
NEW : White House spokesman says all the leaders in the talks agree on the need for a deal . Congress will vote this week on the White House `` cut , cap and balance '' plan , aides say . GOP will veto the GOP `` cut , cap , and balance '' plan if it reaches his desk . Washington must raise its more than $ 250,000 debt ceiling by this week or risk a default .