US Govt Shutdown: No progress on ending stalemate
Washington: The political stalemate over the budget between the Democrats and Republicans showed no signs of easing today as a meeting between an “exasperated” US President Barack Obama and lawmakers failed to end the crisis
In a TV interview, Obama said he was “exasperated” by the sequence of events that led to shutdown of his government and warned the Wall Street that they should also be concerned with this development.
”I think it's fair to say that during the course of my presidency I have bent over backwards to work with the Republican Party and have purposely kept my rhetoric down. I think I'm pretty well known for being a calm guy. Sometimes people think I'm too calm. And am I exasperated? Absolutely I'm exasperated, because this is entirely unnecessary,” Obama told a news channel in an interview.
Obama warned that investors should be worried.
”This time's different. I think they should be concerned,” Obama said.