President Barack Obama and Vice President Joe Biden shake hands in the Oval Office following a phone call with House Speaker John Boehner securing a bipartisan deal to reduce the nation's deficit and avoid default, Rembrandt Peale

President barack obama and vice president joe biden shake hands in the oval office following a phone call with house speaker john boehner securing a bipartisan deal to reduce the nation's deficit and avoid default, sunday, july 31, 2011. (official white house photo by pete souza).