By Sam Youngman - 07/13/09 02:32 PM EDT
Hours after Obama told reporters that he is "going to get this done," White House press secretary Robert Gibbs said that it is unlikely legislation will be finalized before the recess.
He added: "I don't think anyone was under the illusion the whole process would be wrapped up by the beginning of August."
Gibbs said that the president would, however, like to see a reform bill pass either or both the House and Senate before members leave — and if they do not, that the president would consider asking the leadership to delay their vacation.
Obama summoned Senate Majority Leader Harry ReidHarry ReidOvernight Finance: Puerto Rico bill clears panel | IRS chief vows to finish term | Bill would require nominees to release tax returns Wasserman Schultz fights to keep her job Overnight Defense: Pentagon chief fears sequestration's return MORE (D-Nev.), House Speaker Nancy Pelosi (D-Calif.) and House Majority Leader Steny Hoyer (D-Md.) to join Senate Finance Committee Chairman Max BaucusMax BaucusWyden unveils business tax proposal College endowments under scrutiny The chaotic fight for ObamaCare MORE (D-Mont.) and Ways and Means Committee Chairman Charles Rangel (D-N.Y.) at the White House for a meeting Monday afternoon.
Baucus and Rangel are chairmen of the committees that oversee tax policy and Medicare and Medicaid, and Rangel on Friday proposed a controversial surtax on the wealthy to raise $540 million to pay for healthcare reform.