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Government shutdown drags on

The government limped into a third day of partial shutdown Thursday with no sign of a way out after a White House conversation between President Barack Obama and top congressional leaders seemed only to harden the stances of Democrats and Republicans.

By Alan Fram | Updated on October 03, 2013
House Speaker John Boehner of Ohio walks to his office on Capitol Hill in Washington, Wednesday, Oct. 2, 2013. (AP Photo/ Evan Vucci)

WASHINGTON (AP) — The government limped into a third day of partial shutdown Thursday with no sign of a way out after a White House conversation between President Barack Obama and top congressional leaders seemed only to harden the stances of Democrats and Republicans.

The dearth of progress deepened worries about a bigger problem rumbling ever closer — a mid-October deadline for raising the government’s borrowing limit before it runs out of money to pay creditors. The U.S. Treasury warned on Thursday that failure to raise that debt ceiling could spark a new recession even worse than the one Americans are still recovering from.

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