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Obama postpones debt meet with lawmakers

Washington : US President Barack Obama postponed a planned meeting with lawmakers to discuss the government shutdown and the debt ceiling amid signs of progress in the Senate, the White House said Monday.The meeting, which

IANS Updated on: October 15, 2013 8:30 IST

Obama used Monday's Columbus Day holiday to visit a Washington charity, where he said that "if Republicans aren't willing to set aside some of their partisan concerns in order to do what's right for the country, we stand a good chance of defaulting".

The government went into partial shutdown at midnight Sep 30 after the Republican majority in the House of Representatives refused to pass a temporary funding measure - known as a continuing resolution - without a delay in the implementation of the Affordable Care Act, Obama's signature domestic initiative.

Even as the shutdown stalemate drags on, concern has shifted to the prospect of a US default if Congress fails to raise the debt ceiling by Oct 17.

House Republicans said last week that they were prepared to pass a temporary increase in the debt ceiling, but without ending the shutdown.
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