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Wednesday, 09 October 2013 - 8:22
Videos : Obama - Republicans using -extortion- on debt limit
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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.

 

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 yesterday, reiterated calls for Obama to open negotiations over ending the impasses.

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