IMF: US Budget Standoff Endangering World Economy

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World finance leaders are pressuring the United States to resolve the budget stalemate.

About 300 members of the World Bank and International Monetary Fund wrapped up three days of talks in Washington Saturday, and the United States dominated the conversation.

The IMF's policy-setting committee warned America needed to take "urgent action" to address the stalemate.

The leaders want the United States to raise its debt ceiling and reopen its government. They say failure presents the risk of "massive disruption the world over."

"They all came together to talk about the U.S. monetary policy and its impact on emerging market economies and how they should well prepare for that, and then they found out that the debt ceiling was the issue," the IMF Managing Director Christine Lagarde told NBC's "Meet the Press."

"They found out that the government had shut down and that there was no remedy in sight," she continued. "So it really completely transformed the meeting in the last few days."

Still, some international financial leaders said they believe the impasse will be resolved before Thursday's default deadline.

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