WASHINGTON (AP) -- President Barack Obama says a failure to increase the government's borrowing authority would effectively shutter the economy.
Obama told reporters at the White House Friday that would have a `profound destabilizing effect' on the U.S. and global economies.
He accused Republicans of "political grandstanding" and said what they really care about is "appeasing the tea party."
The government faces two looming deadlines. One is a potential government shutdown Oct. 1 if Congress doesn't approve a short-term spending bill. The other is a debt limit around Oct. 17 if Congress doesn't increase the government's borrowing authority.
Obama says failure to raise the debt ceiling would be far more dangerous than a government shutdown.
Obama has vowed not to negotiate on the debt ceiling.
SPECIAL SECTION - What is Obamacare? Understanding the Affordable Care Act at www.kjrh.com/aca
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A family of four is recovering from carbon monoxide poisoning in Tulsa, EMSA officials confirmed Thursday evening.
With temperatures forecast to drop over the next few hours and days, area shelters are urging homeless people to come indoors.
Construction workers continue to face challenges performing job duties when temperatures drop.
PIXIES frontman BLACK FRANCIS has teamed up with biographer JOSH FRANK to create a new graphic novel, titled THE GOOD INN.