Obama Says Shutdown Damaged US Economy - Spokane, North Idaho News & Weather KHQ.com

Obama Says Shutdown Damaged US Economy

Obama Says Shutdown Damaged US Economy

WASHINGTON (AP) - 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.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
Budget Talks Begin, But No Guarantee Of Success


WASHINGTON (AP) - Congressional budget negotiators aren't guaranteeing success as they begin talks aimed at solving the nation's budget problems.
    
Republican and Democratic leaders of a joint House-Senate committee met for breakfast Thursday morning as they started talks.
    
The committee was formed as part of a deal to reopen the government and extend the government's ability to borrow money.
    
Both GOP Rep. Paul Ryan of Wisconsin and Democratic Sen. Patty Murray of Washington state are promising to search for common ground.
    
But Republican Sen. Jeff Sessions of Alabama is cautioning against raising expectations, and Democratic. Rep. Chris Van Hollen of Maryland says just talking doesn't guarantee success. But Van Hollen notes that not talking guarantees failure.
    
The committee has a mid-December deadline.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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