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US President Barack Obama has warned that Wall Street should be concerned that a conservative faction of Republicans is willing to allow the country to default on its debt.
The US government has partially closed after Congress failed to agree a budget and will run out of cash on 17 October unless its debt ceiling is raised.
In a TV interview on Wednesday, Mr Obama said he was "exasperated".
John Boehner (Republican) and Nancy Pelosi (Democrat) both spoke after the talks
He later held talks with Congressional leaders that ended without agreement.
The shutdown has left more than 700,000 employees on unpaid leave and closed national parks, tourist sites, government websites, office buildings, and more.
However, as one budget crisis raged in Washington DC, another one - potentially more dangerous - loomed in the coming weeks.
On 17 October, the US government will run out of cash to pay its bills unless the debt ceiling is raised.
Chiefly, the Republicans demand the repeal, delay or defunding of a healthcare reform law - dubbed Obamacare - passed by the Democrats in 2010.
All the signs are that neither side is preparing to blink, quite yet. But while the president is staring hard and straight ahead, the Republicans' eyes are beginning to water, and they are glancing at the ground. ”
I am one of those who does not understand how we can keep raising the debt ceiling, continue to go further in debt, but be ok.
The Federal Reserve and the international banks *HATE* that.
reply to post by DrEugeneFixer
Clinton ran a surplus due to the first house and senate being republican for the first time in 50 years - don't forget that