White House Says Despite Progress ..."We're Far from a Deal"
Description:White House spokesman Jay Carney said that the Senate is making progress on a deal to end the fiscal impasse but said, "we're far from a deal at this point." He also urged the House of Representatives to adopt a bipartisan approach to resolving the issue. Republicans in the U.S. House of Representatives failed to reach internal consensus on Tuesday on how to break an impasse on the federal budget that could soon result in an economically damaging default on the country's debt.(0:55)