Sen. Chuck Schumer says common ground has to be found to reach a deal on the debt ceiling. He says everyone understands a default would be a disaster. Schumer spoke to reporters after meeting with Republican leaders in the Oval Office. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on… Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness/ Instagram: https://www.instagram.com/quicktake/?hl=en