The latest of the government shutdown. Three days in, the consequences are spreading across the country. But neither side in washington is budging yet. Jonathan karl covering it from the white house.... See More
The latest of the government shutdown. Three days in, the consequences are spreading across the country. But neither side in washington is budging yet. Jonathan karl covering it from the white house. The congressional leaders went to the white house last night. But not much seemed to happen. Reporter: That's right, george. Day three. The president had that meeting. But there's no end in sight. Even after spending over an hour talking with the president in the oval office, speaker of the house john boehner, simply, the president refused to negotiate. The president reiterated one more time tonight that he will not negotiate. I would hope that the president and my democrat colleagues in the senate would listen to the american people and sit down and have a serious discussion about resolving these differences. Reporter: A few minutes later, democratic leaders emerged from the same meeting with a different view. I can only conclude that they wanted to shut down the government. Reporter: The president has insisted he will not negotiate on the affordable care act or anything else, until republicans agree to reopen the government and raise the so-called debt ceiling, allowing the government to borrow more money. If that doesn't happen by OCTOBER 17th, ON TOP OF BEING Shutdown, the u.S. Government would face its first-ever default, with catastrophic economic consequences. How real is the danger that the country may default? I think that it looks like these people are headed where they want to go. Reporter: Shortly before the meeting, president obama suggested unreasonable republican demands have left him at wit's end. Am I exasperated? Absolutely I'm exasperated because this is entirely unnecessary. Reporter: Speaker of the house john boehner tried to revive the idea of a so-called grand bargain. A big budget deal on taxes and spending to reduce the deficit. But the president's answer was firm. No negotiations on anything until congress reopens the government and removes that threat of default. Jon, it seems like more and more people are resigned to the idea that the stalemate is going to continue. Maybe the full two weeks until we hit the deadline on default. Reporter: That's the growing view here. If you can imagine this, no meetings scheduled here. That one didn't go well last night. No need for further meetings, the view is. And congress is planning to go home over the weekend. Likely to get an earful. We continue to feel the
This transcript has been automatically generated and may not be 100% accurate.