Washington (CNN) - President Barack Obama has canceled two fundraising appearances Monday, a campaign official said, as weekend talks to resolve the nation's debt-ceiling crisis hit a new stalemate.
The move was the latest in a series of setbacks following failed weekend talks that left the sides pursuing separate plans.
"We've hit an impasse," a top Democratic official close to the debt talks said. "We're trying, but there's just no bend on their part."FULL STORY