'WON'T PAY RANSOM' Obama Tells Boehner: We'll Negotiate When Extortion Threats End... Boehner Asked About Votes For Clean Funding Bill, Walks Out Humming... Economic Confidence Tumbles... Worst Drop Since Lehman Collapse... Investors Flee U.S. Treasury Bills On Default Fears... LATEST UPDATES... WATCH LIVE: OBAMA SPEAKS

WASHINGTON -- WASHINGTON (AP) — President Barack Obama says he told House Speaker John Boehner he's willing to negotiate with Republicans on their priorities, but not under the threat of "economic chaos."

Obama spoke to reporters at the White House Tuesday in the midst of the eighth day of a partial government shutdown and a few hours after calling Boehner. Obama says he urged Boehner to hold a vote immediately to reopen the government.

The White House says Obama also urged Boehner to hold a vote that would allow the government to borrow more money. Senate Democrats are planning a vote this week to provide new borrowing, without new spending cuts Republicans want. read more....