Today, PBS NewsHour will be presenting a live stream of President Obama’s address on the debt ceiling at 12:15 p.m. ET from the Rose Garden of the White House.
The statement follows the measure passed by the House of Representatives on Monday evening to increase the U.S. debt ceiling by a vote of 269-161. If approved by the Senate Tuesday afternoon, the measure would immediately grant the Treasury Department $400 billion in additional borrowing authority only hours before the Aug. 2 deadline.
Watch the live stream here: