Default fears fuel angst in shutdown Washington | Bangkok Post: news

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Default fears fuel angst in shutdown Washington

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The "unthinkable" threat of a US default weighed on Washington Monday, as a standoff over raising the government debt ceiling drowned out angst over a week-long government shutdown. 

US House Speaker John Boehner walks through Statuary Hall on October 5, 2013 at the US Capitol in Washington

The White House hit back after Republican House Speaker John Boehner warned he would not allow Congress to raise the government's borrowing limit before an October 17 deadline unless President Barack Obama offers concessions.

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