US President Barack Obama
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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
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