President Obama cites progress in shutdown talks; warns of default (video)

Credit: MGN Online

President Obama cites progress in shutdown talks; warns of default (video)

October 14, 2013 Updated Oct 14, 2013 at 1:18 PM CDT

President Barack Obama is sounding an optimistic note saying there has been progress in the Senate toward resolving a standoff over the nation's debt and the partial government shutdown.

Find out more by watching the video below.