(Image Source: The New York Times)

BY STEVEN HSIEH

ANCHOR: MEGAN MURPHY
 

You're watching multisource politics video news analysis from Newsy.

A closed-door debt negotiation between the President and party leaders ended abruptly – and now – both sides are spinning their version of the story. The point of contention?

House Majority Leader Eric Cantor has continually pushed a short-term deal option – which apparently pushed the president’s buttons.  The congressman claims the President shoved his chair back and stormed out after saying this.

“I have reached the point where I say enough.  Would Ronald Regan be sitting here?  I’ve reached my limit.  This may bring my presidency down, but I will not yield on this.” (MSNBC)

But Democrats have a different account -- saying Cantor repeatedly interrupted the president.

“When Cantor tried to argue for a third time about doing a short term deal, he was shut down, and sat ashen faced with a lump in his throat, said a democratic aide.  The president finished the meeting by speaking for several minutes about how he would not be deterred in doing what is best for the country.” (CBS)

On Fox News, conservative columnist Michelle Malkin accuses the president of political posturing.

“It seems like the president had a, well, hissy-fit.  It has been described as him storming out of the room, or possibly absconding with a miffed look on his face…We’ve heard that Obama said, ‘don’t call my bluff.’  Which to me is more than a tacit admission that he’s been bluffing to the American people.”

But MSNBC’s Laurence O’Donnell says there isn’t even a story here.  He suggests Cantor’s characterization of the President is too out-of-character to believe.

“I don’t think you’re going to get the American public to believe that the president who got those Somali kidnappers, who got Osama Bin Laden with calm, cool deliberation in the White House situation room is the guy who’s going to lose his head in a meeting like this. Guess who always ends the meetings in the White House?  The President.  It’s always over when the President gets up to leave.”

And TIME Magazine’s Joe Klein points out another split over the debt ceiling – this one within the GOP.

“You have Cantor and the House Teasies opposing any revenue increases…You have Boehner, struck dumb apparently, after his attempt at bipartisan statesmanship with the President was greeted by tossed shoes and catcalls from the Teasies. You have Mitch McConnell, well, I’m speechless about Mitch McConnell…”

Moody’s announced it will downgrade the AAA credit rating for US debt if the debt ceiling isn’t increased.

Follow Newsy on Twitter @Newsy_Videos for updates in your stream.

Transcript by Newsy.