Barack Obama: Default would be devastating
There has been "some progress" on talks to reach agreement on the US budget, President Barack Obama has said.
The country's government was forced into a shutdown as a result of political deadlock, and could default on its national debt unless a deal to raise its debt limit is struck.
At a soup kitchen in Washington DC, Mr Obama said a default would be "devastating".
14 Oct 2013
- From the section US & Canada