Quantcast
Published On: Thu, Oct 17th, 2013

Obama: shutdown ‘inflicted unnecessary damage to economy’ as Biden takes EPA workers snacks

The government shutdown and threat of a rumored US default before the debt ceiling was raised “inflicted completely unnecessary damage (to) our economy,” President Obama said Thursday morning at the White House.

donkeyhotey  donkeyhotey.wordpress.com

donkeyhotey donkeyhotey.wordpress.com

As Federal employees arrived back to work on Thursady, the Vice President was onhand at the EPA.

“I am happy it’s ended,” Vice President Joe Biden said when he arrived at the Environmental Protection Agency with coffee cakes handed out to returning workers. “It was unnecessary to begin with. I’m happy it’s ended.”

President Obama said the government shutdown has slowed the economy’s growth and set back employers’ plans to hire. “Just the threat of default … increased our borrowing costs, which adds to our deficit.,” he said.

Congress should “cut out things we don’t need,” “close corporate tax loopholes that don’t create jobs,” and “free up resources for things that do help the country grow,” like research and infrastructure, he said.

Hardline Republicans, whose opposition to Obama’s signature health care reforms set the shutdown and debt ceiling crisis in motion, were left to fold under the pressure and fear of passing the debt deadline.

“To say we as Republicans left a lot on the table would be one of the biggest understatements in American political history,” Republican Sen. Lindsey Graham of South Carolina tweeted.

The deal setup by the Senate funds the government into January and raises the debt ceiling until mid-February – details here.

About the Author

- Writer and Co-Founder of The Global Dispatch, Brandon has been covering news, offering commentary for years, beginning professionally in 2003 on Crazed Fanboy before expanding into other blogs and sites. Appearing on several radio shows, Brandon has hosted Dispatch Radio, written his first novel (The Rise of the Templar) and completed the three years Global University program in Ministerial Studies to be a pastor. To Contact Brandon email [email protected] ATTN: BRANDON

Tags

Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>



Categories

Archives

At the Movies