Multimedia

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.