NEW YORK TIMES: After the meeting at the White House, Republicans and Democrats offered differing versions of what by all accounts was a tense session. Representative Eric Cantor of Virginia, the House majority leader, said he raised the idea of taking what savings could be achieved now — roughly $1.4 trillion — and then having additional votes to raise the debt limit again before the elections in November 2012, with Republicans ultimately seeking a total of at least $2.4 trillion in cuts with no tax increases. At this, Mr. Cantor said, the president “got very agitated, seemingly.” Mr. Cantor quoted the president as saying: “Eric, don’t call my bluff. I’m going to the American people with this.” Then, Mr. Cantor said, “He shoved back and said, ‘I’ll see you tomorrow’ and walked out.” “I was a little taken aback,” Mr. Cantor added. Democrats said that Mr. Obama’s departure was not abrupt, but that he had forcefully 
made a case that Republicans had been unwilling to compromise. “Enough’s enough,” one Democrat familiar with the talks quoted Mr. Obama as saying. MORE
RELATED: Senate Majority Leader Harry Reid says House Majority Leader Eric Cantor should not be part of the debt limit negotiations. He’s calling the Virginia Republican congressman “childish.” Reid says Cantor’s conduct during the sensitive White House talks have shown, in Reid’s words, “he shouldn’t even be at the table.” Reid says other congressional leaders are negotiating in good faith as an Aug. 2 deadline approaches for raising the debt limit. MORE
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