nichole killian has a look at the progress. >> president obama called it a very constructive, but that any deal would require pain on both sides. after an hour-and-a-half long meeting with congressional leaders, president obama reported progress, but no deal on the debt limit. >> i want to emphasize that nothing is agreed to until everything is agreed to. the parties are still far apart on a wide range of issues. >> the president did not get into specifics of the negotiations, but the white house claims everything is on the table, with one group -- one exception, say republicans. >> we will not raise taxes on the american people. >> any agreement to change the borrowing habits has to involve spending cuts. >> we do not have the money to continue spending the way we have been. >> the president said they will make bigger reductions to the deficit, but it pushed back on entitlement programs like social security. >> social security is not the short-term answer. >> do not consider social security began forgiving tax cuts to the wealthiest people in our country. we are not going to balance t