We believe that it is very important that we have hopefully averted what would have been the most substantial headwind of all, which is a default for the first time in our history, and that that will contribute to a more positive environment that we hope will allow for greater growth and job creation.

Bush and was one of a handful of reporters who were aboard Air Force One with President Bush on September 11 2001. Carney later won the 2003 Gerald R. with their son and daughter.

Carney previously served as Washington Bureau Chief for Time magazine a post he held from September 2005 until December 2008 and as a regular contributor in the "roundtable" segment of ABC News' This Week with George Stephanopoulos. James "Jay" Carney (born May 22 1965) is President Barack Obama's second White House Press Secretary.