President Obama Responds To GOP At The Business Roundtable - Live Webcast

And now the response... We're recovering nicely - but no negotiations?

• *OBAMA SAYS `WE'VE COME A LONG WAY' ON ECONOMY
• *OBAMA SAYS BUDGET DEBATE MAY BE MOST CRITICAL FOR ECONOMY
• *OBAMA SAYS HOUSE ENGAGED IN IDEOLOGICAL FIGHT ON BUDGET
• *OBAMA SAYS RAISING DEBT CEILING IS A BASIC FUNCTION OF CONGRESS
• *OBAMA: UNPRECEDENTED TO USE DEBT CEILING TO `EXTORT' PRESIDENT