Watch President Obama's full remarks in the video above.
WASHINGTON (AP) _ President Barack Obama says he's fighting the budget battle because "we can't make extortion routine as part of our democracy.''
Obama says he's willing to not only negotiate fiscal issues with Republicans, but changes to health care law. But he says first he wants them to pass a bill to stop a partial government shutdown.
Obama noted in a news conference at the White House Tuesday that the shutdown already made him cancel a trip to Asia this week. He argued the shutdown is hurting U.S. credibility around the world and “makes it look like we don't have our act together.''
The president says he regrets not being able to make the trip this week to help negotiate a trade deal that could create U.S. jobs.
Obama says he doesn't know for sure if he would have been able to secure a trade deal with a dozen countries called the Trans-Pacific Partnership. But he told reporters at the White House, quote, "It doesn't help that I wasn't there.''
He said he's sure "the Chinese don't mind'' that he's missing the trip so they can push their agenda without U.S. competition.
Obama said he would characterize the short-term impact as "missed opportunities,'' but he doesn't think it will do lasting damage to U.S. influence in the region.
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