President Obama began the final press conference of his first term at 11:40 AM ET this morning, and the news of the day was focused on the looming (again!) debt ceiling and deficit fight. The broadcasters carried the presser, as did the cable news channels.

Julie Pace of the AP gets the first question (and a shoutout from the President), asked about gun violence on the one-month anniversary of the Newtown shooting.

Chuck Todd from NBC gets question two, and asks about executive action on the debt ceiling.

Major Garrett from CBS News gets question three, and also asks about the process of raising the debt ceiling.

Jon Karl from ABC News gets question four, and asks about the President using executive action on guns, as well as about long lines for gun shops across the country.

Julianna Goldman from Bloomberg TV gets question five, and asks whether the President is serious about negotiating with House Republicans.

Matt Spetalnik of Reuters gets question six, and asks whether the President is willing to accept a government shutdown.

Jackie Calmes from the New York Times gets the last question, and asks about criticisms of the White House, including asking about having a more diverse cabinet.