US President Barack Obama
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Obama: Default would be devastating

There has been "some progress" on talks to reach agreement on the US budget, but the risk of defaulting on national debt remains, President Barack Obama has said.

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".