BREAKING NEWS

Obama ready to work through weekend for debt fix

WASHINGTON - US President Barack Obama said on Friday he was ready to work with top Democrats and Republicans through the weekend to get a debt ceiling accord.
In remarks at the White House, Obama said he was confident a solution could be reached despite the impasse that has raised the prospect of a US credit rating downgrade and default.Unless the $14.3 trillion debt ceiling is raised by Tuesday, the United States will lose its ability to borrow and start to run out of cash to pay its bills.
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