National/World

President Obama says shutdown damaged US economy

Thursday, October 17, 2013
President Obama Furloughed workers anxious to return to work Frustrations mounting for furloughed fed workers With the government shutdown entering day 13, were still unsure how it will all end

President Barack Obama says the government shutdown "inflicted unnecessary damage" to the U.S. economy and damaged America's credibility around the world.

Obama spoke from the White House hours after signing legislation to reopen the government following 16 days of a partial shutdown.

The deal came the night before the nation's debt limit was facing a breach.

Obama said while "these twin threats to our economy have now been lifted," the shutdown slowed economic growth.

Obama says the way that business is done in Washington has to change.

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