Obama: Republicans using 'extortion' on debt limit

October 09, 2013 03:30

US President Obama has said he is willing to hold budget talks with Republicans, but not until they agree to lift "threats" against the economy. Mr Obama said they were committing "extortion" by demanding policy concessions in return for raising the US debt limit and reopening government.

The US government shut down last week when Congress failed to agree a budget. Republican leaders on Tuesday reiterated calls for Mr Obama to open negotiations over ending the impasses. Republican House Speaker John Boehner told reporters he was "disappointed that the president refuses to negotiate".

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