Day 9 Of Shutdown: War Of Words - WJBF-TV ABC 6 Augusta-Aiken

Day 9 Of Shutdown: War Of Words

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Washington, D.C. -

With the shutdown in its ninth day, more Americans are feeling the effects.  And investors are increasingly worried over the hitting the debt ceiling next week.  ABC's Tahman Bradley has the latest.

Despite a 10-minute phone call, President Obama and House Speaker John Boehner remain miles apart on the shutdown.

The President again said no negotiations before the debt ceiling is increased and the government is reopened.

"Let's stop the excuses. Let's take a vote in the house. Let's end this shutdown right now," said President Obama.

"If there is unconditional surrender by Republicans, he'll sit down and talk to us. That's not the way our government works."  Said Rep John Boehner, Speaker of the House.

The two men are locked into their positions as the country edges closer to what economists call an economic catastrophe. In just 8 days the U.S. will run out of money to pay its bills unless Congress raises the so-called debt ceiling.

The markets are already shocked.  The Dow is down 900 points over the past three weeks.  And there's fear interest rates on new mortgages and car loans will skyrocket.

"Warren Buffet likened default to a nuclear bomb, a weapon too horrible to use," said President Obama.

Among those being hurt by the government shutdown - America's heroes and their families.  The VA has furloughed thousands of workers and military death benefits have been put on hold.

The government sends military families a $100,000.00 check when a loved one dies. But since the start of the shutdown, no payments have been made.

I say to those families, your government has let you down in a time of your need. There is no excuse for this," Senator Lindsey Graham.

Thankfully, a private foundation has stepped forward to provide the families with an advance grant until the government funding resumes.

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