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

Conflicts Engulf Christians in Mideast

Research finds an increase in faith-based hostilities, and Christians are facing persecution in a growing number of countries in the region More

Chinese Americans: Don’t Call Us 'Model Minority'

Label points to collective achievement, but some say it triggers resentment, unrealistic expectations More

Iran Bolsters Phone, Internet Surveillance

Does increased monitoring suggest the government is nervous? More