POLITICS -- October 8, 2013 at 3:31 PM ET
Obama: 'We can't make extortion routine as part of our democracy'
WASHINGTON -- President Barack Obama delivered a statement Tuesday afternoon, stressing again that he's willing to negotiate with Republicans, but not under "threats of a government shutdown or economic chaos."
Speaking from the Brady Press Briefing Room at the White House, the president also said that he's remaining steadfast in the budget battle because "we can't make extortion routine as part of our democracy. Democracy doesn't function this way."
Speaker of the House John Boehner later responded to the president's comments.
Obama also said the shutdown is hurting U.S. credibility abroad. Referring to his canceled trip to Asia this week "to promote American jobs and businesses," Obama said that the shutdown "makes it look like we don't have our act together."