"If it were prolonged, or repeated, people would begin to question the willingness of the United States to stay the course and its ability to, but that's not the case and I don't think it will be the case," he told journalists at the Asia-Pacific Economic Cooperation forum in Indonesia's Bali.
His comments came with Congress appearing no closer to resolving the impasse which has shuttered swathes of government departments and sent hundreds of thousands of federal workers home.
In a bid to seize the moral high ground, House Speaker John Boehner, the top Republican in Congress, declared "this isn't some damn game" after a report cited an unnamed official saying that the White House is benefiting from the shutdown.
The shutdown is rocking the US government barely 12 days away from a far more challenging fiscal hurdle -- the need to raise the US debt ceiling or suffer a catastrophic credit default.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)