Government Shutdown: War of Words

Obama reiterated stance that Republicans need to pass a clean funding bill to reopen the government.
0:53 | 10/08/13

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Transcript for Government Shutdown: War of Words
Finally, day nine of the government shutdown is just begun. Today proved the only common ground between party leaders is a willingness to hold blame-filled press conferences. Since some republicans want to use the so-called debt ceiling as leverage, president obama warned today that if congress doesn't agree to pay the nation's bills in the next eight days interest rates could soar, social security payments could stop, and the economy could tank. If you are in knowing gonegotiations buying somebody's house. Let's talk about the price that we will pay, if you don't give me the price I will burn down your house. The president said if there is unconditional surrender by republicans, he will sit down and talk to us. That's not the way the government works. Sot grind on with an estimated cost of $8 billion to the u.S. Economy so far.

This transcript has been automatically generated and may not be 100% accurate.

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