Obama: U.S. Studying All Options In Iraq

President Obama says U.S. officials are looking at all options on Iraq, which may be headed for a bloody civil war. In comments at the White House, Obama said some short-term military options may be necessary, including U.S. airstrikes. He called the situation in Iraq an emergency and said nothing has been ruled out. Obama noted that the U.S. is in close consultation with Iraq's leaders and stressed that Iraq will need more help from the U.S. and the international community.

The President called for more robust regional efforts with U.S. partners in the Middle East. He also insisted that the U.S. cannot be "everywhere, all the time." The President said the U.S. will not be playing "whack-a-mole" every time a crisis emerges around the world. Earlier, GOP House Speaker John Boehner accused the President of napping while Iraq burns.