President Barack Obama will hold a news conference Monday at around 11:30 a.m. EST, the White House announced.
The announcement was shrouded in some mystery; it was unclear what the president would specifically discuss.
Though the gun issue has taken center-stage in public discourse since the fiscal cliff was cleared up, it has been reported that Obama will make an opening statement about the debt limit, according to a White House official.
So get ready for fiscal cliff, part II.
The debt limit is poised to become the next battle between the White House and Congress ... the fiscal cliff deal reached by Congress only delayed the crisis for a few months. Currently the debt ceiling is $16.394 trillion, which is fast approaching ... likely sometime in late February.
Republicans want spending cuts attached to any measure raising the debt limit, while Obama has said he won't negotiate on raising the ceiling.