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Obama Warns Budget Crisis Could Lead to Default


Obama Warns Budget Crisis Could Lead to Default
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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.

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