No Budget Deal As Obama Refuse To Negotiate

House Speaker John Boehner said President Barack Obama refused to negotiate in a meeting with top congressional leaders about the government shutdown, signaling a lack of progress on resolving the fiscal impasse.

As he exited a meeting today at the White House, Boehner said Obama must recognize that the U.S. has divided government.

“The American people expect their leaders to come together and try to find ways to resolve their differences,” said Boehner, an Ohio Republican.

Obama met with Boehner and the other congressional leaders for more than an hour. The president said earlier that he was “exasperated” with some House Republicans.

“The House could act today to reopen the government and stop the harm this shutdown is causing to the economy and families across the country,” the White House said in a statement after the meeting. “The president remains hopeful that common sense will prevail.”

Bloomberg

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Mingze Wu

Mingze Wu

Currency Analyst at Market Pulse
Based in Singapore, Mingze Wu focuses on trading strategies and technical and fundamental analysis of major currency pairs. He has extensive trading experience across different asset classes and is well-versed in global market fundamentals. In addition to contributing articles to MarketPulseFX, Mingze centers on forex and macro-economic trends impacting the Asia Pacific region.
Mingze Wu