White House to FOXNEWS: 'Tell your viewers there's nothing to worry about'

◼ Hours after urging compromise: Obama team threatens to veto Boehner debt plan "The speaker's proposal cannot pass the Senate, will not pass the Senate, will not reach the president's desk," said White House spokesman Jay Carney. - USA Today

...Carney said today, "It's time for Democrats to give, for Republicans to give, to reach a solution that's not ideal for anyone, except for the country."

If they can't reach a consensus, what's Plan B? "We're working on Plan B," Carney said....

◼ Obama Calls for Compromise on Debt: Americans Fed Up With 'Partisan Three-Ring Circus' - ABC via Drudge

...With the clock ticking toward what he called a “reckless and irresponsible” default, the president said he has told both leaders to come up with a “fair compromise” in the coming days that can pass both houses of Congress.

However, Obama did not outline what that compromise might be....

◼ OBAMA SECRETLY SIGNALS BANKS: 'NO DEFAULT'...

While officials from the Obama Administration raised their rhetoric over the weekend about the possibility of a debt default if the debt ceiling isn't raised, they privately have been telling top executives at major U.S. banks that such an event won’t happen, FOX Business has learned.

◼ Desperate Obama tells followers to pressure lawmakers as he pushes new plan... - CNN via Drudge

◼ BORGER: 'Nobody today is talking about tax increases -- except Barack Obama'... video - CNN

◼ PANIC: WH'S PFEIFFER SAYS DEFAULT COULD LEAD TO 'DEPRESSION'... - Real Clear Politics

◼ White House to FOXNEWS: 'Tell your viewers there's nothing to worry about'... - Real Clear Politics