USA

Obama Warns Budget Crisis Could Lead to Defaulti
X
October 03, 2013 11:08 AM
The United States has entered a third day of partial government shutdown with no solution in sight, as conservative Republicans in Congress insist on repealing or delaying the implementation of a new health care law before approving a budget. President Barack Obama is warning that a delay could force the U.S. government to default on its debts, with far-reaching consequences. Zlatica Hoke reports from Washington.

Obama Warns Budget Crisis Could Lead to Default

Published October 03, 2013

The United States has entered a third day of partial government shutdown with no solution in sight, as conservative Republicans in Congress insist on repealing or delaying the implementation of a new health care law before approving a budget. President Barack Obama is warning that a delay could force the U.S. government to default on its debts, with far-reaching consequences. Zlatica Hoke reports from Washington.


You May Like

Video Falling Gas Prices Impact US Oil Extraction

With the price of oil now less than $80 a barrel, motorists throughout the US are seeing gas prices dip below $3 a gallon More

Afghan Women's Soccer Team Building for the Future

A four-team female league was recently set up in Kabul; It will help identify players for the national team More

Video Koreas on Edge Amid Live-fire Drills

Pyongyang threatens nuclear test as joint US, S. Korean exercises show forces’ capabilities More