Obama warns of 'economic shutdown'
October 12, 2013  18:15
Faced with the looming prospect of a debt default, President Barack Obama today appealed to Congress to pass the budget while pushing Republicans to agree to hike the borrowing limit to prevent an "economic shutdown".        

"Let's pass a budget, put people back to work, and end this Republican shutdown. Let's pay our bills, and prevent an economic shutdown," Obama said as the government shutdown entered its twelfth day.
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