World

Tuesday 29 July 2014

Obama: Some progress in Senate toward averting default

Published 14/10/2013|18:12

  • Share
US President Barack Obama
US President Barack Obama

President Barack Obama said on Monday it appears there has been progress in Senate fiscal impasse negotiations but that there is a good chance the United States will default on its debts if Republicans are unwilling to set aside some partisan concerns.

  • Share
  • Go To

Obama emerged from the White House to visit Martha's Table, a charity organization for low-income families where some furloughed government workers have been volunteering.

Obama, who is to meet congressional leaders at the White House at later this evening, said he would be able to determine at that meeting whether the progress is real toward ending a government shutdown and avoiding a debt default ahead of a Thursday deadline.

"My hope is that a spirit of cooperation will move us forward in the next few hours," Obama said.

Read More

Classifieds

CarsIreland

Independent Shopping.ie

Meet, chat and connect with
singles in your area

Independent Shopping.ie

Meet Singles Now

Findajob

Apps

Now available on

Editors Choice

Also in Business