October 8th, 2013
03:20 PM ET
1 year ago

Obama issues debt-ceiling warning

Washington (CNN) - End the government shutdown and raise the debt ceiling - even for a short period - and I'll negotiate, President Barack Obama said Tuesday in providing a potential opening to end a political stalemate that has partially shut down the government and threatens a first-ever U.S. default next week.

"If there's a way to solve this, it has to include reopening the government and saying America's not going to default and we're going to pay our bills," he said in a White House news conference on the eighth day of the partial shutdown and nine days before the deadline to increase the federal borrowing limit or face default.

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Filed under: Congress • Debt • Government Shutdown • President Obama