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

Is Air Travel Safe?

Aviation expert says despite tragic losses of Malaysian Airlines flights 370 and 17, industry experienced lowest fatality rate in recorded history last year More

Multimedia 100 Days Later, Nigerian Girls Still Held

Activists holding rallies in Nigeria and several other countries to mark 100th day of captivity for more than 200 schoolgirls being held by Boko Haram More

Chocolate Too Bitter? Swap Sugar for Mushrooms

US food technology company develops fermentation process using mushrooms to reduce bitterness in cocoa beans, believes it will cut sugar content in candy More