Update, 6:15 pm: President Obama asked Andy Stern to share his thoughts on the importance of fixing health care during the closing session of the summit. Video of their exchange is below.

The first-ever Fiscal Responsibility Summit is wrapping up right now at the White House. Advisors at the highest levels of the Obama administration hosted members of Congress as well as leaders from a wide range of organizations to discuss solutions to long-term fiscal challenges facing the nation.

President Obama and Vice President Biden opened the event with remarks that made one thing clear: solving the economic crisis means fixing our broken health care system.

The vice president said the recent struggles Americans have faced only serve to remind us of the urgency of our long-term goals:

We will not lose sight of the need to tackle unmet needs for health care reform, to deal with the energy policy that we need, and so many other challenges that are going to determine what the 21st century looks like.

The president echoed those sentiments, going so far as to identify "the rising cost of health care [as the] single most pressing fiscal challenge we face by far."

That theme will be repeated again and again during the breakout discussions; the White House has even devoted an entire session to the importance of health care reform for fixing our economy.

SEIU President Andy Stern and Secretary-Treasurer Anna Burger are among the attendees at the event, representing the millions of SEIU members and activists leading the grassroots movement for health care across the country.

Andy Stern has posted updates from the summit on Twitter, and his latest tweet sums it all up nicely:

@SEIU_AndyStern: health care is a go!